Telecom shares gain

Telecom stocks were trading in the positive zone, with the S&P BSE Telecom index rising 16.41 points or 1.42% at 1173.59 at 09:48 IST.

Among the components of the S&P BSE Telecom index, Vodafone Idea Ltd (up 6.48%), Tejas Networks Ltd (up 4.98%),Bharti Infratel Ltd (up 1.93%),Vindhya Telelinks Ltd (up 1.47%),HFCL Ltd (up 1.18%), were the top gainers. Among the other gainers were Bharti Airtel Ltd (up 1.16%), Tata Communications Ltd (up 0.8%), Mahanagar Telephone Nigam Ltd (up 0.72%), OnMobile Global Ltd (up 0.24%), and GTPL Hathway Ltd (up 0.04%).