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Share market update: Telecom shares dip; RCom slips over 4%

share-market-update-telecom-shares-dip-rcom-slips-over-4

NEW DELHI: Telecom shares were trading with losses in Thursday's afternoon session.

Shares of Reliance Communications (down 4.74 per cent), Bharti Infratel (down 3.29 per cent), Vodafone Idea (down 2.62 per cent) and Tejas Networks (down 1.19 per cent) were trading lower.

GTL Infrastructure (down 1.09 per cent), Vindhya Telelinks (down 0.92 per cent), Sterlite Technologies (down 0.52 per cent) and Aksh Optifibre (down 0.29 per cent) were trading with losses.

The S&P BSE Telecom index was trading 0.56 per cent down at 1024.12 around 11:56 am.

Benchmark NSE Nifty50 index was up 56.20 points at 11,782.35 while the BSE Sensex was up 131.55 points at 39,186.23.

Among the 50 stocks in the Nifty index, 30 were trading in the green, while 20 were in the red.

Shares of Reliance Read More – Source

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