NEW DELHI: Telecom stocks had been buying and selling on a destructive notice at 02:00PM (IST) on Wednesday.
Shares of Reliance Communications (down 4.78 per cent), Bharti Airtel (down 2.71 per cent), HFCL Ltd (down 1.85 per cent), Tata Communications (down 1.5 per cent) and Vodafone Concept (down 1.11 per cent) had been the highest losers within the index.
Whereas Optiemus Infracom (up 4.95 per cent), Sterlite Applied sciences (up 3.02 per cent), GTL Infrastructure (up 2.56 per cent), Vindhya Telelinks (up 1.92 per cent) and Bharti Infratel Ltd (up 1.79 per cent) had been among the many high gainers.
The S&P BSE Telecom index was buying and selling 1.98 per cent down at 1227.27 round 02:00PM.
Benchmark NSE Nifty50 index was up 32.55 factors at 11504.8, whereas the BSE Sensex was up 98.9 factors at 38942.78.
Among the many 50 stocks within the Nifty index, 24 had been buying and selling within the inexperienced, whereas 26 had been within the pink.
Shares of Vodafone Concept, YES Bank, Tata Motors, Tata Energy and Ibull HousingFin had been among the many most traded shares on the NSE.
Shares of Bajaj Elec., Hero MotoCorp, Firstsource Sol, Affle (India) Ltd. and P&G Well being hit their recent 52week excessive in in the present day’s commerce, whereas Svaraj Buying and selling & Businesses Ltd., Darshan Orna Ltd., Vas Infrastructure Ltd., Main Leasing Finance and Funding Firm Ltd., N2N Applied sciences Ltd., Libord Finance Ltd., Ajwa Enjoyable World & Resorts Ltd., Omansh Enterprises Ltd., Shri Niwas Leasing and Finance Ltd. and CLIO Infotech Ltd. hit recent 52 week low in commerce.