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Flat trades. Telecom stocks move up.

The Nifty is witnessing a flat trade even as the stocks from specific sectors are seeing actions. IT stocks have continued to trade down.

At 9:48 AM, the Nifty is at 5145, down by 8 pts or -0.15%.

Telecom stocks are however trading in the green. RCOM is up by 3.8%, while Bharti has seen a rise of 1.8%. Idea Cellular is up by 1.5%.

BPCL is up by 1.9%.

AxisBank, from the banking space is beaming high with 3.2% gains on the counter.
DLF is also up by 2.7%.

Metal counters have however continued to trade low. Hindalco is down by 1.5%. Sterlite is down by 1.4%.

IT majors are trading in red. Infy is down by 1.7%.



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