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    Stock market update: Telecom stocks up; Tejas Network jumps 5%

    Synopsis

    The index was trading 0.6 per cent up at 1286.52.

    telecom
    Out of the 14 stocks in the index, 10 advanced while 4 declined.
    NEW DELHI: Telecom stocks were trading higher at 01:05PM (IST) on Wednesday.

    Shares of Optiemus Infracom (up 4.99 per cent), Tejas Network (up 4.93 per cent), Vindhya Telelinks (up 3.62 per cent), ITI (up 3.37 per cent) and OnMobile Global (up 3.36 per cent) were among the top gainers.

    While Reliance Communications (down 4.76 per cent), GTL Infrastructure (down 4.17 per cent), Tata Communications (down 2.03 per cent) and Sterlite Technologies (down 0.86 per cent) were the top losers in the index.

    The S&P BSE Telecom index was trading 0.6 per cent up at 1286.52 around 01:05PM.

    Benchmark NSE Nifty50 index was down 11.70 points at 11310.8, while the BSE Sensex was down 14.4 points at 38392.61.

    Among the 50 stocks in the Nifty index, 26 were trading in the green, while 24 were in the red.

    Shares of YES Bank, Vodafone Idea, Suzlon Energy, Alok Industries and SBI were among the most traded shares on the NSE.

    Shares of Hindustan Aeronautics Ltd., ITI Ltd, M&M, SBI Cards and Essel Propack hit their fresh 52 week high in today's trade, while Mauria Udyog Ltd., 7NR Retail Ltd., Panth Infinity Ltd., Viaan Industries Ltd., Emmsons International Ltd., Shree Karthik Papers Ltd., Helpage Finlease Ltd., Vas Infrastructure Ltd., Anubhav Infrastructure Ltd. and Rainbow Denim Ltd. hit fresh 52 week low in trade.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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