Telecom stocks were trading in the negative zone, with the S&P BSE Telecom index falling 38.16 points or 2.62% at 1418.02 at 13:48 IST.
Among the components of the S&P BSE Telecom index, Reliance Communications Ltd (down 4.12%), Bharti Airtel Ltd (down 3.39%),HFCL Ltd (down 1.7%),Mahanagar Telephone Nigam Ltd (down 1.53%),GTPL Hathway Ltd (down 1.51%), were the top losers. Among the other losers were Vodafone Idea Ltd (down 1.4%), Indus Towers Ltd (down 0.87%), Vindhya Telelinks Ltd (down 0.74%), Sterlite Technologies Ltd (down 0.74%), and Tata Communications Ltd (down 0.49%).
On the other hand, OnMobile Global Ltd (up 7.48%), and Tejas Networks Ltd (up 3.54%) moved up.
At 13:48 IST, the S&P BSE Sensex was up 191.33 or 0.38% at 50805.62.
The Nifty 50 index was up 6.85 points or 0.05% at 14902.5.
The S&P BSE Small-Cap index was down 55.71 points or 0.29% at 19093.03.
The S&P BSE 150 Midcap Index index was down 64.63 points or 0.99% at 6443.5.
On BSE,1234 shares were trading in green, 1596 were trading in red and 169 were unchanged.
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