Telecom stocks were trading with gains, with the S&P BSE Telecom index increasing 6.33 points or 0.4% at 1594.15 at 09:50 IST.
Among the components of the S&P BSE Telecom index, Tejas Networks Ltd (up 5%), Indus Towers Ltd (up 3.31%),Vodafone Idea Ltd (up 3.05%),HFCL Ltd (up 1.04%),Tata Communications Ltd (up 0.89%), were the top gainers. Among the other gainers were Vindhya Telelinks Ltd (up 0.22%), and ITI Ltd (up 0.17%).
On the other hand, Reliance Communications Ltd (down 2.46%), OnMobile Global Ltd (down 1.94%), and Sterlite Technologies Ltd (down 0.56%) turned lower.
At 09:50 IST, the S&P BSE Sensex was down 38.47 or 0.07% at 58258.44.
The Nifty 50 index was down 8.65 points or 0.05% at 17369.15.
The S&P BSE Small-Cap index was down 19.07 points or 0.07% at 27447.59.
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The S&P BSE 150 Midcap Index index was down 8.01 points or 0.09% at 8472.45.
On BSE,1385 shares were trading in green, 1156 were trading in red and 115 were unchanged.
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