Airtel contributes 53% in downfall of BSE Telecom index
Shital Jibhe / 25 Jan 2017
Even as broader markets opened in the green, ahead of futures and options expiry in Wednesday's trading session, Bharti Airtel is dragging the BSE Telecom index down, the stock solely contributing 53 per cent to the sectoral index losses.
Even as broader markets opened in the green, ahead of futures and options expiry in Wednesday's trading session, Bharti Airtel is dragging the BSE Telecom index down, the stock solely contributing 53 per cent to the sectoral index losses.
Along with Bharti Airtel, major stocks like Idea Cellular and Tata Communications also opened in red. Bharti Airtel is down by 1.44 per cent, GTL Infra is down by 1.20 per cent, Idea is down by 0.86 per cent and Tata Communications is down by 0.33 per cent, and these heavyweight stocks are dragging the index down to the red zone.
Swimming against the tide, some stocks are climbing, wherein Stretch is up by 2.29 per cent, ITI is up by 1.56 per cent and MTNL is up by 1.25 per cent.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.