Share market update: Telecom shares fall; RCom slumps nearly 5%

NEW DELHI: The S&P BSE Telecom index was down in Tuesday’s afternoon session with most of its components trading lower.

The S&P BSE Telecom index was trading 1.57 per cent down at 1033.78 around 12:03 pm.

Shares of Reliance Communications (down 4.82 per cent) , GTL Infrastructure (down 4.31 per cent) , Sterlite Technologies (down 4.21 per cent) , and Bharti Airtel (down 2.30 per cent) were trading lower.

Tejas Networks (down 1.23 per cent) , GTL (down 1.21 per cent) , Vodafone Idea (down 1.16 per cent) and Tata Communications (down 0.80 per cent) too were trading in the red.