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Bharti Airtel Ltd Surges 4 72%, S&P BSE Telecom index Gains 3 99%

Read more about Bharti Airtel Ltd Surges 4.72%, S&P BSE Telecom index Gains 3.99% on Business Standard. Bharti Airtel Ltd has added 17.8% over last one month compared to 16.48% gain in S&P BSE Telecom index and 7.46% rise in the SENSEX

Telecom shares gain

Telecom stocks edge lower

Telecom stocks were trading in red, with the S&P BSE Telecom index decreasing 7.27 points or 0.57% at 1270.63 at 13:48 IST. Among the components of the S&P BSE Telecom index, Sterlite Technologies Ltd (down 2.5%), Bharti Airtel Ltd (down 1.08%), ITI Ltd (down 0.86%), and Reliance Communications Ltd (down 0.49%), were the top losers. On the other hand, GTPL Hathway Ltd (up 6.84%), Tejas Networks Ltd (up 4.96%), and OnMobile Global Ltd (up 4.93%) turned up. At 13:48 IST, the S&P BSE Sensex was up 80.32 or 0.17% at 47826.54. The Nifty 50 index was up 18.15 points or 0.13% at 14000.1. The S&P BSE Small-Cap index was up 90.95 points or 0.5% at 18124.26. The S&P BSE 150 Midcap Index index was up 28.01 points or 0.47% at 5969.51.

Telecom shares slide

Telecom stocks were trading with losses, with the S&P BSE Telecom index falling 11.78 points or 0.92% at 1274.86 at 13:47 IST. Among the components of the S&P BSE Telecom index, Reliance Communications Ltd (down 1.47%), Indus Towers Ltd (down 1.47%),Vodafone Idea Ltd (down 0.97%),Bharti Airtel Ltd (down 0.97%),Mahanagar Telephone Nigam Ltd (down 0.89%), were the top losers. Among the other losers were Vindhya Telelinks Ltd (down 0.82%), ITI Ltd (down 0.79%), HFCL Ltd (down 0.77%), Tata Communications Ltd (down 0.46%), and GTPL Hathway Ltd (down 0.16%). On the other hand, Tejas Networks Ltd (up 4.97%), OnMobile Global Ltd (up 4.94%), and Sterlite Technologies Ltd (up 4.67%) moved up. At 13:47 IST, the S&P BSE Sensex was down 30.21 or 0.06% at 47582.87.

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