INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Most telecom stocks were incurring losses in afternoon trade on Wednesday.
The BSE Telecom index was trading 0.24 per cent down
Reliance Communications (down 4.95 per cent), Tejas Networks (down 2.20 per cent), GTL Infrastructure (down 2.14 per cent), Tata
Teleservices (Maharashtra) (down 2.07 per cent) and Vindhya Telelinks (down 2.03 per cent) were the top losers in the index.
ITI (down 1.59
per cent), Vodafone Idea (down 0.97 per cent), GTL (down 0.94 per cent), Aksh Optifibre (down 0.70 per cent) and Sterlite Technologies (down
0.67 per cent) too were down
Shares of GTPL Hathway (down 0.57 per cent), OnMobile Global (down 0.48 per cent), Bharti Airtel (down 0.25 per cent) and Tata
Communications (down 0.24 per cent) declined in that order
However, shares of Himachal Futuristic Communications (up 4.72 per cent), MTNL (up 0.64 per cent) and Bharti Infratel (up 0.54 per cent)
Benchmark NSE Nifty50 index was down 13 points at 11,266, while the BSE Sensex was 36 points down at 37,255
Among the 50 stocks in the Nifty index, 29 were trading in the green, while 21 were in the red
In the Sensex pack, 17 stocks were advancing and 14 were declining.
Coal India, ONGC, Tata Steel, Hero MotoCorp and Bajaj Auto were leading
among Sensex scrips.
Maruti, IndusInd Bank, HDFC Bank, HDFC and Reliance Industries were among the top losers in the Sensex index.
