/ Telecom Index Top Gainer In Thursday's Session Bharti Airtel Up By 2.6% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 19 January 2017

On Thursday, the Indian markets are struggling to stay in the green zone, after opening in the red. BSE Telecom sector is outperforming the markets with major stocks buzzing on bourses. The BSE Telecom sector is currently trading at 1160.31 levels, and is up by 23.14 points or 2.20%. Bharti Airtel, Tata Communications, Bharti Infratel and Idea Cellular are the major stocks, which are gaining grounds on bourses, consequently pushing the sectoral index to higher levels.

Bharti Airtel is up by 2.57%, Tata Communications is up by 2.43%, Bharti Infratel is up by 2.18% and Idea Cellular is up by 2.15%. GTL Infra down by 1.97%, CMI down by 0.64% and Vindhya Telelink down by 0.45%, are the stocks trading in the red zone in the sectoral index. Among all of the index constituents, there are 11 advances and 4 declines.

Bharti Airtel Ltd is currently trading at Rs 321.45, up by Rs 7.75 or 2.47% from its previous closing of Rs 313.7 on the BSE. The scrip opened at Rs 314 and has touched a high and low of Rs 321.8 and Rs 311 respectively. So far 922987(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 125398.44 crore.

The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 384.9 on 28-Apr-2016 and a 52 week low of Rs 282.3 on 29-Jan-2016. Last one week high and low of the scrip stood at Rs 325.2 and Rs 311.4 respectively. The promoters holding in the company stood at 67.14 % while Institutions and Non-Institutions held 26.39 % and 6.44 % respectively. The stock is currently trading above its 200 DMA.

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