Bharti Airtel pushes the BSE Telecom index upwards
DSIJ Intelligence / 17 Aug 2017
With Bharti Airtel making a major contribution to the BSE Telecom index, there was an upward spiral on the bourses during Thursday’s trade. The increase was of more than 1%.
With Bharti Airtel making a major contribution to the BSE Telecom index, there was an upward spiral on the bourses during Thursday’s trade. The increase was of more than 1%.
The index was trading at 1,406.28, up by 16.96 points or 1.22%. Bharti Airtel was contributing more than 13 points to the index gains and the stock was trading at Rs 414 per share, up by Rs 7.35 or 1.81%. Aksh Optifibre was leading the chart and the stock was trading at Rs 27.25 per share, up by Rs 2 or 7.92% as at 1128 hours on Thursday, on the BSE.
Among other telecom majors, Himachal Futuristic Communications was up 3.80% at Rs 16.40, Idea Cellular was up 1.21% at Rs 88, ITI was up 0.96% at Rs 88.95, and Sterlite Technologies was up 0.73% at Rs 228.30.
Meanwhile, OnMobile Global was the top loser and the stock was trading at Rs 59.20 per share, down by Rs 59.20 or 2.47%. GTL Infrastructure and Reliance Communications were also trading in the red.
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