Telecom stocks end higher; Vodafone Idea jumps 4%, Reliance Industries climbs nearly 3%
By
Biju Kumar
New Delhi: Shares of telecom companies ended higher on Monday, a day when India’s biggest-ever auction of airwaves ended. Reliance Industries stock climbed 2.64 per cent to finish at Rs 2,575.10 apiece on the BSE.
Shares of Bharti Airtel advanced 2.40 per cent to Rs 694.20 apiece and that of Vodafone Idea jumped 3.99 per cent to Rs 9.12.
The 30-share BSE benchmark climbed 545.25 points or 0.95 per cent to settle at 58,115.50.