Market Now: Idea Cellular, Bharti Airtel drag BSE Telecom index lower




IT and teck indices witnessed intermittent choppiness. NSEBSEBharti AirtelLoading data…

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    ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESIdea CellularLoading data…

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      ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESVindhya TelelinksLoading data…

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        ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESTata TeleservicesLoading data…

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          ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESTata Consultancy Ser…Loading data…

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            ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESTata CommunicationsLoading data…

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              ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESSterlite Technologie…Loading data…

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                ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESState Bank Of IndiaLoading data…

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                  ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESPower GridLoading data…

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                    ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESMaruti Suzuki IndiaLoading data…

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                      ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESMahanagar Telephone …Loading data…

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                        ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESLarsen & ToubroLoading data…

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                          ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESitiLoading data…

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                            ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESInfosysLoading data…

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                              ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESHindustan UniLeverLoading data…

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                                ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESHimachal Futuristic …Loading data…

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                                  ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESHDFC bankLoading data…

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                                    ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESCoal IndiaLoading data…

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                                      ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESAksh OptifibreLoading data…

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                                        ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESTata CommunicationsSterlite TechnologiesState Bank Of IndiaPower GridMaruti Suzuki IndiaMahanagar Telephone NigamLarsen & ToubroitiInfosysIdea CellularHindustan UniLeverHimachal Futuristic CommunicationsHDFC bankCoal IndiaBharti AirtelAksh OptifibreEXPAND TO VIEW ALL NEW DELHI: Poor performance by stocks such as Sterlite Technologies (down 1.47 per cent), Idea Cellular (down 0.63 per cent), Bharti Infratel (down 0.49 per cent), Bharti Airtel (down 0.46 per cent) and Aksh Optifibre (down 0.19 per cent) weighed on the BSE Telecom index as it emerged as the solitary loser on BSE in Monday’s trade so far.

                                        The S&P BSE Telecom index was trading 0.38 per cent down at 1,370 around 10:52 am (IST), while benchmark Nifty50 index was 45 points up at 9,980, while the 30-share Sensex was 149 points up at 31,836.

                                        However, shares of ITI (up 2.04 per cent), Tata Teleservices (Maharashtra) (up 1.46 per cent), Vindhya Telelinks (up 1.43 per cent), Himachal Futuristic Communications (up 0.56 per cent), Tata Communications (up 0.51 per cent) and Mahanagar Telephone Nigam (up 0.51 per cent) were the gainers of the index around the same time.

                                        Among the sectoral gainers, capital goods, oil & gas and industrials led, each gaining over 1 per cent.

                                        However, IT and teck indices on BSE witnessed intermittent choppiness.

                                        In the Sensex kitty, Larsen & Toubro, Hindustan Unilever, Maruti Suzuki India, HDFC Bank and Coal India were the top gainers.

                                        On the contrary, State Bank of India, Infosys, Bharti Airtel, Power Grid and Tata Consultancy Services were losing in trade.

                                        In the Nifty50 pack, 36 stocks were trading in the green, while 14 stocks were in red.

                                        On BSE, 1,466 stocks were advancing whereas 772 stocks were lagging.

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