BSE Telecom index slips; Idea Cellular stock falls 6%

BSE Telecom index slips; Idea Cellular stock falls 6%

The BSE Telecom list was exchanging lower by 0.75% at 1,163 levels, though, the significant benchmark records, Sensex was exchanging lower by 57 focuses at 35,633 level and Nifty was exchanging lower by 15 focuses at 10,806 level.

Thought Cellular was the best washout in the list, exchanging lower by 6%. The stock was contributing significantly to the list misfortunes, trailed by MTNL, HFCL and Tata Comm, which were additionally exchanging lower on the BSE.

On the other side, RCom, TTML and Bharti Airtel stocks are exchanging the positive zone.

Offers of Idea Cellular are at present exchanging at Rs56.60 around Rs3.95 or 6.52% from its past shutting of Rs60.55 on the BSE after media reports said that the super merger arrangement of the organization with Vodafone India may not meet the normal June 30 timetable as the telecom office is hoping to raise a new request of around Rs4,700cr.

Mahanagar Telephone Nigam Ltd is at present exchanging at Rs17.35 around Rs0.45 or 2.53% from its past shutting of Rs17.80 on the BSE.

Bharti Infratel Ltd is as of now exchanging at Rs285.70 around Rs0.3 or 0.1% from its past shutting of Rs286 on the BSE.

Bharti Airtel Ltd is as of now exchanging at Rs374.30 around Rs0.3 or 0.08% from its past shutting of Rs374.60 on the BSE.

Dependence Communications Ltd is presently exchanging at Rs14.85 up by Rs0.15 or 1.02% from its past shutting of Rs14.70 on the BSE.

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