{"id":66746,"date":"2018-02-28T10:10:55","date_gmt":"2018-02-28T10:10:55","guid":{"rendered":"http:\/\/www.bnreport.com\/market-now-telecom-index-down-bharti-infratel-declines-over-1\/"},"modified":"2018-02-28T10:10:55","modified_gmt":"2018-02-28T10:10:55","slug":"market-now-telecom-index-down-bharti-infratel-declines-over-1","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/market-now-telecom-index-down-bharti-infratel-declines-over-1\/","title":{"rendered":"Market Now: Telecom index down; Bharti Infratel declines over 1%"},"content":{"rendered":"

NEW DELHI: Telecom stocks<\/a> GTL (down 1.76 per cent), OnMobile Global (down 1.57 per cent), Tata Teleservices<\/a> (Maharashtra) (down 1.28 per cent) and Bharti Infratel (down 1.22 per cent) were trading in the red during Wednesday's trade. <\/p>\n

The BSE Telecom index was trading 0.39 per cent down at 1,433 around 11:15 am (IST) on Wednesday. <\/p>\n

Shares of Sterlite Technologies (down 1.20 per cent), ITI (down 0.59 per cent), Mahanagar Telephone Nigam<\/a> (down 0.22 per cent), Vindhya Telelinks (down 0.20 per cent), GTL Infrastructure (down 0.19 per cent), Aksh Optifibre (down 0.13 per cent) and Bharti Airtel<\/a> (down 0.13 per cent) were also losing in trade. <\/p>\n

However, shares of Himachal Futuristic Communications (up 0.87 per cent), Reliance Communications<\/a> (up 0.53 per cent), Tejas Networks (up 0.16 per cent) and Idea Cellular<\/a> (up 0.06 per cent) were in the green in the telecom index around that time. <\/p>\n

Benchmark indices Sensex and Nifty50 turned cautious today as investors await key macroeconomic data due later in the day, amid a weak trend in other Asian markets. <\/p>\n

The NSE Nifty50 index was down 53 points at 10,501, while the BSE Sensex was 156 points down at 34,191. <\/p>\n

Among the 50 stocks in the Nifty50 index, 16 were trading in the green, while 33 were in the red. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

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ET Markets<\/a><\/h5>\n

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