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NEW DELHI: Losses in shares of Bharti Infratel (down 2.09 per cent), Tejas Networks (down 2.02 per cent), GTL Infrastructure (down 1.42 per cent) and Bharti Airtel (down 1.39 per cent) dragged the BSE Telecom index down in Tuesday's session.
The BSE Telecom index was trading 1.26 per cent down at 1,149 around 12:20 pm.
Shares of Aksh Optifibre (down 0.99 per cent), Vodafone Idea (down 0.94 per cent), Reliance Communications (down 0.88 per cent), Sterlite Technologies (down 0.80 per cent) and GTL (down 0.78 per cent) declined up to 1 per cent.
Himachal Futuristic Communications (down 0.61 per cent), Vindhya Telelinks (down 0.60 per cent) and OnMobile Global (down 0.46 per cent) were in the red.
However, MTNL (up 3.34 per cent), ITI (up 1.73 per cent), Tata Communications (up 1.46 per cent), Tata Teleservices (Maharashtra) (up 1.02 per cent) and GTPL Hathway (up 0.97 per cent) were in the green around that time.
Benchmark BSE Sensex was 89 points down at 37,833, while the NSE Nifty50 index was down 27 points at 11,411.
Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.
In the Sensex pack, 16 stocks were advancing and 15 stocks were declining.
SBI, MM, Axis Bank and IndusInd Bank were leading among Sensex index.
ITC, Hero MotoCorp, PowerGrid, Bharti Airtel and HUL were among the top losers in the Sensex index.
