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Telecom stocks tumble

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Capital Market
Last Updated : Dec 19 2019 | 2:31 PM IST

Telecom stocks were trading with losses, with the S&P BSE Telecom index decreasing 9.53 points or 0.88% at 1072.42 at 13:48 IST.

Among the components of the S&P BSE Telecom index, GTL Infrastructure Ltd (down 4.88%), Reliance Communications Ltd (down 2.25%), Bharti Airtel Ltd (down 1.32%), Tejas Networks Ltd (down 1.19%), OnMobile Global Ltd (down 0.47%), and Bharti Infratel Ltd (down 0.06%), were the top losers.

On the other hand, Optiemus Infracom Ltd (up 4.96%), Mahanagar Telephone Nigam Ltd (up 4.9%), and Vindhya Telelinks Ltd (up 4.11%) turned up.

At 13:48 IST, the S&P BSE Sensex was up 104.56 or 0.25% at 41663.13.

The Nifty 50 index was up 25.05 points or 0.2% at 12246.7.

The S&P BSE Small-Cap index was up 10.54 points or 0.08% at 13397.67.

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The S&P BSE 150 Midcap Index index was up 8.5 points or 0.18% at 4702.01.

On BSE,1094 shares were trading in green, 1183 were trading in red and 182 were unchanged.

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First Published: Dec 19 2019 | 2:01 PM IST

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