NEW DELHI: Telecom shares were trading in the red with the SP BSE Telecom index down 0.49 per cent at 1039.45 on Monday.
Shares of Tata Communications (down 2.43 per cent), Sterlite Technologies (down 1.86 per cent), Mahanagar Telephone Nigam (down 1.44 per cent) and GTPL Hathway (down 1.03 per cent), were trading lower.
GTL Infrastructure (down 0.96 per cent), Bharti Airtel (down 0.78 per cent) and ITI (down 0.40 per cent) too were in the red.
Benchmark NSE Nifty50 index was up 46.65 points at 10,728.85 while BSE Sensex was up 234.1 points at 35,691.26 around 02:05 pm.
Among the 50 stocks in the Nifty index, 31 were trading in the green, while 18 were in the red.
Shares of Reliance Communications, JP Associates, YES Bank, Idea Cellular, Infibeam Avenues, Jet Airways, Suzlon Energy, PC Jeweller, Grasim Industries, Reliance Power, Greaves Cotton, Bank of India, PNB, Bank of Baroda and ITC were among the most traded shares on the NSE.