Stock Market

Share market update: Telecom shares fall; ITI slips 10%

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NEW DELHI: Telecom shares were trading lower in Friday's morning session.

Shares of Vodafone Idea (up​ 17.38 per cent)​, Optiemus Infracom (up​ 3.9 per cent)​, Bharti Infratel Ltd (up​ 1.42 per cent)​ and Bharti Airtel (up​ 0.29 per cent)​ were among the top gainers.

While GTPL Hathway (down​ 10.95 per cent)​, ITI (down​ 10.34 per cent)​, Sterlite Technologies (down​ 8.24 per cent)​, OnMobile Global (down​ 5.86 per cent)​, Vindhya Telelinks (down​ 5.47 per cent)​, Tejas Network (down​ 5.3 per cent)​, HFCL Ltd (down​ 4.67 per cent)​, Reliance Communications (down​ 4.65 per cent)​, GTL Infrastructure (down​ 3.33 per cent)​, Mahanagar Telephone Nigam (down​ 2.69 per cent)​ and Aksh Optifibre (down​ 1.46 per cent)​ were the top losers in the index.

The S-P BSE Telecom index was trading 0.51 per cent up at 1080.46 around 11:02 am.

Benchmark NSE Nifty50 index was down 122.10 points at 9468.05 , while the BSE Sensex was down 361.79 points at 32,416.35.

Among the 50 stocks in the Nifty index, 15 were trading in the green, while 35 were in the red.

Shares of Vodafone Idea, YES Bank, Tata Motors, SBI, Bank of Baroda, IDFC First Bank Ltd., ONGC, HDFC Bank, SAIL and RIL were among the most traded shares on the NSE.




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