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NEW DELHI: Most telecom stocks were trading with decent gains in the afternoon session of trade on Friday, keeping the sectoral index up.
The BSE Telecom index was trading 1.86 per cent up at 1,153 around 01:25 pm.
Shares of Tejas Networks (up 12.64 per cent) jumped nearly 13 per cent in the index.
GTL Infrastructure (up 2.94 per cent), Bharti Airtel (up 2.69 per cent), Tata Communications (up 2.52 per cent), Bharti Infratel (up 1.75 per cent) and Reliance Communications (up 1.74 per cent) too featured among the top gainers in the index.
OnMobile Global (up 1.12 per cent), Aksh Optifibre (up 0.84 per cent), GTPL Hathway (up 0.74 per cent), Tata Teleservices (Maharashtra) (up 0.20 per cent) and Vindhya Telelinks (up 0.17 per cent) too were in the green.
However, ITI (down 1.73 per cent), GTL (down 1.68 per cent), Himachal Futuristic Communications (down 0.60 per cent), Vodafone Idea (down 0.32 per cent) and Sterlite Technologies (down 0.24 per cent) were in the red around that time.
Benchmark BSE Sensex was up 78 points at 38,321, while the NSE Nifty50 index was up 34 points at 11,571.
Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red.
In the Sensex kitty, 20 stocks were advancing and 11 were declining.
Hero MotoCorp, Bajaj Auto, Bharti Airtel and Tata Motors were among the top gainers in the Sensex index.
YES Bank, Sun Pharma and PowerGrid were among the top losers in the Sensex kitty of stocks.
