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Reliance Industries (RIL) fell 1.71% to Rs 2064.45, extending decline for the sixth day in a row. Shares of the index heavyweight have lost 5.78% in six sessions from its recent closing high of Rs 2,191.10 recorded on 8 March 2021. In the past six months, the stock has declined by 10.20% while the benchmark Sensex had gained 28.48% during the same period. On the technical front, the stock's RSI (relative strength index) stood at 46.424. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. The stock was trading abov...

Telecom stocks were trading with gains, with the S&P BSE Telecom index rising 13.11 points or 0.98% at 1353.11 at 09:48 IST. Among the components of the S&P BSE Telecom index, Indus Towers Ltd (up 3.63%), OnMobile Global Ltd (up 3.39%),Vodafone Idea Ltd (up 2.78%),HFCL Ltd (up 1.97%),Bharti Airtel Ltd (up 1.1%), were the top gainers. Among the other gainers were GTPL Hathway Ltd (up 1.09%), Sterlite Technologies Ltd (up 0.67%), Reliance Communications Ltd (up 0.52%), Vindhya Telelinks Ltd (up 0.14%), and ITI Ltd (up 0.08%). On the other hand, Tata Communications Ltd (down 6.09%), Tejas Net...

Read more about Telecom shares slide on Business Standard. Telecom stocks were trading with losses, with the S&P BSE Telecom index falling 20.58 points or 1.5% at 1355.3 at 13:48 IST.