BSE Telecom index soars by over 1%

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S&P BSE Telecom index was trading higher amid a weak market during Friday’s trading session. BSE Telecom index was trading up by using 1.13% at 1,389 level on BSE at 1046 hours.
Bharti Infratel and Bharti Airtel were contributing majorly to the index gains.Among others, HFCL and Tata Communications were also contributing more than one points to the index gains.
HFCL used to be the highest gainer in the index, trading up by way of 7.56% at Rs 32 per share. The stock has additionally traded new 52-week excessive at Rs 31.95 per share.
Among others, Bharti Infratel was trading up by way of virtually 3% at Rs 380 per share, Vindhya Telelinks was trading up by 1.70% at Rs 1,153 per share, Tata Communications was trading up by 1.60% at Rs 716 per share, Bharti Airtel was trading up by means of nearly 1% at Rs 402 per share and GTL Infrastructure was trading up with the aid of 0.88% at Rs 402 per share. MTNL used to be trading flat.
On the other hand, Tata Teleservices Maharashtra Ltd was once the highest loser in the index, trading down by means of nearly 6% at Rs 6.33 per share. Among others, OnMobile global used to be trading decrease by means of 2.54% at Rs 57 per share, Sterlite technologies used to be trading down by 2.27% at Rs 222 per share and ITI was once trading lower with the aid of 1.83% at Rs 91 per share.
Meanwhile, the major benchmark indices Sensex was once trading lower via 65 points at 32,176 level and Nifty used to be trading decrease with the aid of 32 points at 10,053 level.
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