Telecom stocks under pressure: Bharti Airtel, Vodafone Idea fall up to 7%

Bharti Airtel dipped 7 per cent to Rs 310, while Vodafone Idea slipped 6 per cent to Rs 34.60, trading close to its 52-week low of Rs 32.10 on December 12, 2018 on BSE in the intra-day trade.

Shares of telecom services provider Bharti Airtel and Vodafone Idea have fallen by up to 7 per cent on BSE in the intra-day trade.

Bharti Airtel has dipped 7 per cent to Rs 310 on the BSE. Vodafone Idea slipped 6 per cent to Rs 34.60, trading close to its 52-week low of Rs 32.10 on December 12, 2018, on BSE in the intra-day trade. In comparison, the S&P BSE Sensex was down 0.16 per cent at 36,316 points at 11:57 am.

Reliance Jio Infocomm (RJio), the telecom arm of Mukesh Ambani-controlled Reliance Industries, on Thursday reported a