NEW DELHI: The BSE Telecom index was trading 0.41 per cent down at 1,133 around 02:45 pm on Wednesday.
Shares of ITI (down 3.48 per cent), OnMobile Global (down 2.66 per cent), Sterlite Technologies (down 2.30 per cent) and Himachal Futuristic Communications (down 1.68 per cent) were among the top losers in the telecom index.
Reliance Communications (down 1.55 per cent), Tata Teleservices (Maharashtra) (down 1.03 per cent), Bharti Infratel (down 1 per cent), Mahanagar Telephone Nigam (down 0.99 per cent), GTPL Hathway (down 0.43 per cent) and Bharti Airtel (down 0.13 per cent) too were down.
However, Vindhya Telelinks (up 5 per cent), GTL Infrastructure (up 4.48 per cent), Tejas Networks (up 1.25 per cent), GTL (up 0.79 per cent) and Tata Communications (up 0.10 per cent) were in the green.
Benchmark BSE Sensex was up 302 points at 37,715, while the NSE Nifty50 index was up 85 points at 11,372.
Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red.
In the Sensex index, 19 stocks were up and 12 were down.
Sun Pharma, Adani Ports and ITC were leading among Sensex gainers.
Axis Bank, Tata Motors and ICICI Bank were among the top Sensex losers.
Stock Market
Stock market update: BSE Telecom index in the red; RCom, Bharti Infratel down 1%
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