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Share market update: Telecom shares gain; MTNL jumps nearly 9%

The S&P BSE Telecom index was trading flat at 993.48 around 11:46 am.

ETMarkets.com|
Updated: Jun 26, 2019, 11.54 AM IST
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The S&P BSE Telecom index was trading flat at 993.48 around 11:46 am.
NEW DELHI: Telecom shares were trading with gains in Wednesday's afternoon session.

Shares of Mahanagar Telephone Nigam (up 8.97 per cent), ITI (up 3.53 per cent), Sterlite Technologies (up 2.69 per cent) and GTPL Hathway (up 2.69 per cent) were trading higher.

Tejas Networks (up 2.58 per cent), Tata Teleservices (Maharashtra) (up 1.43 per cent), GTL Infrastructure (up 1.35 per cent) and Aksh Optifibre (up 1.01 per cent) too were trading in the green.

The S&P BSE Telecom index was trading flat at 993.48 around 11:46 am.

Benchmark NSE Nifty50 index was up 15.05 points at 11,811.50 while the BSE Sensex was up 52.96 points at 39,487.90.

Among the 50 stocks in the Nifty index, 29 were trading in the green, while 19 were in the red.

Shares of Suzlon Energy, YES Bank, Dish TV India, Vodafone Idea, Spicejet, TV18 Broadcast, NLC India, PowerGrid, NBCC and Century Plyboards were among the most traded shares on the NSE.

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