Stock market update: Bharti Airtel, GTPL Hathway keep telecom pack down

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Even as most telecom stocks were trading with gains, losses in Bharti Airtel (down 4.08 per cent) and GTPL Hathway (down 3.66 per
cent) were keeping the sectoral index down. The BSE Telecom index was trading 0.93 per cent down at 1,187 around 02:50 pm
Himachal Futuristic Communications (down 0.99 per cent) and Tata Teleservices (Maharashtra) (down 0.58 per cent) too were the losers
However, Reliance Communications (up 11.17 per cent) was soaring high
Tejas Networks (up 4.85 per cent), ITI (up 3.96 per cent), Aksh Optifibre (up 2.33 per cent), MTNL (up 2.23 per cent), Sterlite
Technologies (up 1.88 per cent), Idea Cellular (up 1.81 per cent), Vindhya Telelinks (up 1.60 per cent), Tata Communications (up 1.55 per
cent), GTL Infrastructure (up 1.40 per cent), Bharti Infratel (up 1.19 per cent) and GTL (up 0.27 per cent) were trading with gains
Market continued to be in the positive zone on gains in heavyweights, including ICICI Bank, Infosys and Axis Bank
Benchmark BSE Sensex was up 136 points at 38,023, while the NSE Nifty50 index was up 24 points at 11,474. Among the 50 stocks in the Nifty
index, 24 were trading in the green, while 25 were in the red
In the Sensex kitty, 19 stocks were advancing, while 12 were declining. ICICI Bank, Axis Bank and State Bank of India were leading the
Sensex index
Bharti Airtel, ONGC and HDFC Bank were among the top losers in the Sensex kitty of stocks.