Telecom stocks edge higher

By Capital Market10 days ago

Telecom stocks were trading in green, with the S&P BSE Telecom index increasing 18.4 points or 1.34% at 1388.31 at 09:48 IST.

Among the components of the S&P BSE Telecom index, GTPL Hathway Ltd (up 2.75%), HFCL Ltd (up 2.72%),Vindhya Telelinks Ltd (up 2%),OnMobile Global Ltd (up 1.83%),Bharti Airtel Ltd (up 1.78%), were the top gainers. Among the other gainers were Vodafone Idea Ltd (up 1.33%), Mahanagar Telephone Nigam Ltd (up 1.25%), Tejas Networks Ltd (up 0.99%), ITI Ltd (up 0.84%), and Tata Communications Ltd (up 0.36%).

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On the other hand, Reliance Communications Ltd (down 1.8%), and Sterlite Technologies Ltd (down 1.27%) turned lower.

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