Among the components of the S&P BSE Telecom index, Tata Teleservices (Maharashtra) Ltd (up 4.99%), GTPL Hathway Ltd (up 2.82%),Mahanagar Telephone Nigam Ltd (up 2.51%),GTL Infrastructure Ltd (up 0.42%),HFCL Ltd (up 0.29%), were the top gainers. Among the other gainers were Bharti Airtel Ltd (up 0.28%), and Indus Towers Ltd (up 0.04%).
On the other hand, Reliance Communications Ltd (down 2.07%), OnMobile Global Ltd (down 1.97%), and Route Mobile Ltd (down 1.49%) moved lower.
At 09:50 IST, the S&P BSE Sensex was down 771.53 or 1.28% at 59451.62.
The Nifty 50 index was down 211.15 points or 1.18% at 17714.1.
The S&P BSE Small-Cap index was down 140.84 points or 0.47% at 29760.28.
The S&P BSE 150 Midcap Index index was down 61.28 points or 0.69% at 8861.31.
On BSE,1180 shares were trading in green, 1750 were trading in red and 83 were unchanged.
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