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Sunday, August 1, 2021

Stock market update: Telecom stocks mixed; RCom sheds 5%

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NEW DELHI: Telecom stocks were trading on a mixed note at 01:56PM (IST) on Tuesday.

Shares of Optiemus Infracom (up 4.97 per cent), GTL Infrastructure (up 4.0 per cent), Tejas Network (up 1.72 per cent) and Bharti Airtel (up 0.75 per cent) were among the top gainers.

While Reliance Communications (down 4.92 per cent), HFCL Ltd (down 2.75 per cent), Sterlite Technologies (down 2.41 per cent), OnMobile Global (down 2.11 per cent) and Vindhya Telelinks (down 1.92 per cent) were the top losers in the index.

The S&P BSE Telecom index was trading 0.34 per cent up at 1256.15 around 01:56PM.

Benchmark NSE Nifty50 index was down 1.15 points at 11465.3, while the BSE Sensex was up 25.94 points at 38825.02.

Among the 50 stocks in the Nifty index, 17 were trading in the green, while 33 were in the red.

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

Shares of Max Financial Services, Adani Enterpr., Affle (India) Ltd., Timken India and IOL Chemicals hit their fresh 52 week high in today’s trade, while Shree Nidhi Trading Co. Ltd., Panth Infinity Ltd., Svaraj Trading & Agencies Ltd., Darshan Orna Ltd., Unistar Multimedia Ltd., SC Agrotech Ltd., Sagar Diamonds Ltd., N2N Technologies Ltd., Modulex Construction Technologies Ltd. and Ajwa Fun World & Resorts Ltd. hit fresh 52 week low in trade.

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