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Telecom shares slide

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Capital Market

Telecom stocks were trading with losses, with the S&P BSE Telecom index falling 2 points or 0.2% at 995.17 at 13:47 IST.

Among the components of the S&P BSE Telecom index, GTL Infrastructure Ltd (up 4.26%), Optiemus Infracom Ltd (up 1.13%), and Bharti Airtel Ltd (up 0.71%), were the top losers.

On the other hand, Himachal Futuristic Communications Ltd (up 5.35%), Tejas Networks Ltd (up 5.18%), and Mahanagar Telephone Nigam Ltd (up 4.84%) moved up.

At 13:47 IST, the S&P BSE Sensex was up 184.23 or 0.47% at 39236.29.

The Nifty 50 index was up 56.8 points or 0.49% at 11643.15.

The S&P BSE Small-Cap index was up 185.94 points or 1.44% at 13100.03.

 

The S&P BSE 150 Midcap Index index was up 67.34 points or 1.52% at 4495.07.

On BSE,1515 shares were trading in green, 815 were trading in red and 177 were unchanged.

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First Published: Oct 18 2019 | 2:00 PM IST

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