NEW DELHI: Shares of Reliance Communications (up 4.72 per cent), Aksh Optifibre (up 4.38 per cent), Vindhya Telelinks (up 3.20 per cent) and Bharti Airtel (up 2.18 per cent) were trading with decent gains in Monday's session, keeping the telecom pack up.
The BSE Telecom index was trading 1.2 per cent up at 1,187 around 12:50 pm.
GTPL Hathway (up 1.59 per cent), Tata Teleservices (Maharashtra) (up 1.37 per cent), GTL Infrastructure (up 0.67 per cent), Idea Cellular (up 0.63 per cent), Sterlite Technologies (up 0.44 per cent) and ITI (up 0.43 per cent) too were among the gainers in the index.
However, Tejas Networks (down 1.77 per cent), MTNL (down 1.23 per cent), OnMobile Global (down 1.06 per cent), Himachal Futuristic Communications (down 0.98 per cent), GTL (down 0.82 per cent) and Tata Communications (down 0.24 per cent) were incurring losses.
Shares of Bharti Infratel (down 0.03 per cent) were almost flat around that time.
Gains in select bank, energy, metal and auto stocks were keeping the benchmark indices in the higher territory.
The BSE Sensex was up 157 points at 37,713, while the NSE Nifty50 index was up 33 points at 11,394.
Axis Bank, ICICI Bank and State Bank of India were leading among Sensex scrips.
Hindustan Unilever, Kotak Mahindra Bank and Sun Pharma were among the top losers in the Sensex index.
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Share market update: Telecom stocks jump up to 5%; RCom, Bharti Airtel among top gainers
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