Telecom stocks were trading with losses, with the S&P BSE Telecom index falling 11.78 points or 0.92% at 1274.86 at 13:47 IST. Among the components of the S&P BSE Telecom index, Reliance Communications Ltd (down 1.47%), Indus Towers Ltd (down 1.47%),Vodafone Idea Ltd (down 0.97%),Bharti Airtel Ltd (down 0.97%),Mahanagar Telephone Nigam Ltd (down 0.89%), were the top losers. Among the other losers were Vindhya Telelinks Ltd (down 0.82%), ITI Ltd (down 0.79%), HFCL Ltd (down 0.77%), Tata Communications Ltd (down 0.46%), and GTPL Hathway Ltd (down 0.16%). On the other hand, Tejas Networks Ltd (up 4.97%), OnMobile Global Ltd (up 4.94%), and Sterlite Technologies Ltd (up 4.67%) moved up.
At 13:47 IST, the S&P BSE Sensex was down 30.21 or 0.06% at 47582.87.
Read more about Telecom shares gain on Business Standard. Telecom stocks were trading in the positive zone, with the S&P BSE Telecom index rising 29.86 points or 2.36% at 1294.07 at 09:48 IST.
Telecom stocks were trading in the negative zone, with the S&P BSE Telecom index falling 17.87 points or 1.4% at 1257.03 at 13:48 IST. Among the components of the S&P BSE Telecom index, Reliance Communications Ltd (down 4.8%), Bharti Infratel Ltd (down 3.08%),Tata Communications Ltd (down 2.26%),Tejas Networks Ltd (down 1.72%),Sterlite Technologies Ltd (down 1.7%), were the top losers. Among the other losers were Bharti Airtel Ltd (down 1.15%), GTPL Hathway Ltd (down 1.01%), Vodafone Idea Ltd (down 0.6%), and Vindhya Telelinks Ltd (down 0.13%). On the other hand, OnMobile Global Ltd (up 3.87%), and ITI Ltd (up 1.46%) moved up.
At 13:48 IST, the S&P BSE Sensex was down 69.17 or 0.15% at 46821.17.
Reliance Communications Ltd has added 58.55% over last one month compared to 8.44% gain in S&P BSE Telecom index and 6.73% rise in the SENSEX
Reliance Communications Ltd lost 4.74% today to trade at Rs 2.41. The S&P BSE Telecom index is down 0.27% to quote at 1254.84. The index is up 8.44 % over last one month. Among the other constituents of the index, Bharti Infratel Ltd decreased 0.91% and Bharti Airtel Ltd lost 0.18% on the day. The S&P BSE Telecom index went up 15.41 % over last one year compared to the 12.63% surge in benchmark SENSEX.
Reliance Communications Ltd has added 58.55% over last one month compared to 8.44% gain in S&P BSE Telecom index and 6.73% rise in the SENSEX. On the BSE, 1.14 lakh shares were traded in the counter so far compared with average daily volumes of 100.89 lakh shares in the past one month. The stock hit a record high of Rs 4.33 on 29 Jul 2020. The stock hit a 52-week low of Rs 0.62 on 25 Mar 2020.