BSE Telecom Index Slips 2 Percent as HFCL, Sterlite Technologies and Route Mobile Lead Losses
- July 24, 2026
- Posted by: Kunal Singla
- Category: News
BSE Telecom index down 2 percent intraday on 24 July 2026. HFCL down 5 percent, Sterlite Technologies down 4.27 percent, Route Mobile down 4.14 percent. Sector wide selloff underway.
The BSE Telecom index slipped 2 percent in intraday trade on 24 July 2026, as broad based selling gripped telecom and communication infrastructure stocks. HFCL led the decline, falling 5 percent, followed by Sterlite Technologies, down 4.27 percent, and Route Mobile, down 4.14 percent.
The weakness in the BSE Telecom index extended across the sector, with Optiemus Infra, Vodafone Idea, ADC India Communications, Bharti Airtel, MTNL, Tata Communications, Railtel and ITI all trading lower, reflecting a sector wide risk off move rather than stock specific pressure alone.
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BSE Telecom Index Top Stock Losers
The following table captures the intraday top losers within the BSE Telecom index during today’s session.
| Company | CMP | Chg (%) | Volume |
|---|---|---|---|
| HFCL | 196.70 | -5 | 910.03k |
| Sterlite Techno | 523.40 | -4.27 | 46.02k |
| Route | 575.80 | -4.14 | 439.39k |
| Optiemus Infra | 600.70 | -2.46 | 7.37k |
| Vodafone Idea | 12.91 | -2.27 | 18.00m |
| ADC India Comm | 2,130.00 | -2.16 | 382 |
| Bharti Airtel | 1,890.50 | -2.1 | 61.15k |
| MTNL | 26.35 | -1.79 | 79.57k |
| Tata Comm | 1,771.40 | -1.56 | 3.50k |
| Railtel | 283.30 | -1.29 | 19.48k |
| ITI | 274.50 | -1.17 | 17.92k |
| Bharti Hexacom | 1,593.20 | -0.92 | 56.93k |
Why the BSE Telecom Index Is Falling Today
The decline in the BSE Telecom index mirrors the broader risk off tone across Indian equities, with rising US Treasury yields, crude oil above 100 dollars a barrel and persistent foreign institutional investor selling weighing on rate sensitive and capital intensive sectors such as telecom.
HFCL and Sterlite Technologies, both key suppliers of telecom infrastructure and optic fibre products, are seeing outsized declines, which could also reflect profit booking after recent gains in the telecom equipment supply chain, alongside broader sector fatigue.
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What Investors Should Watch in the BSE Telecom Index
Investors tracking the BSE Telecom index should distinguish between infrastructure and equipment names like HFCL and Sterlite Technologies, which tend to be more volatile and order book dependent, and larger telecom operators such as Bharti Airtel and Vodafone Idea, whose moves are more closely tied to subscriber trends, tariff dynamics and regulatory developments.
With the broader market under pressure, sector specific weakness in telecom could persist until global cues stabilise. A recovery in the BSE Telecom index would likely require both an improvement in broader risk appetite and positive company specific catalysts such as new order wins or tariff hikes.
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Conclusion
The BSE Telecom index slipped 2 percent in intraday trade on 24 July 2026, with HFCL, Sterlite Technologies and Route Mobile leading a broad based decline across the sector. The weakness reflects both sector specific profit booking and the wider risk off mood driven by rising US yields and crude oil above 100 dollars a barrel. Investors should track individual company fundamentals alongside the sector trend before making decisions.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions FAQs
Why did the BSE Telecom index slip 2 percent today?
Ans. The BSE Telecom index slipped 2 percent in intraday trade on 24 July 2026 due to broad based selling across telecom infrastructure and operator stocks, amid a wider risk off tone driven by rising US Treasury yields and crude oil above 100 dollars a barrel.
Which stocks led the losses in the BSE Telecom index?
Ans. HFCL led the losses, falling 5 percent, followed by Sterlite Technologies down 4.27 percent and Route Mobile down 4.14 percent, with Optiemus Infra, Vodafone Idea and Bharti Airtel also among the decliners.
Is Bharti Airtel part of the BSE Telecom index decline?
Ans. Yes, Bharti Airtel was down 2.1 percent in the session, reflecting the broad based nature of the selloff across both telecom equipment and operator stocks within the index.
What is driving weakness in telecom infrastructure stocks like HFCL?
Ans. HFCL and Sterlite Technologies, both telecom infrastructure and optic fibre suppliers, may be seeing profit booking after recent gains, compounded by the broader market weakness affecting capital intensive, order book dependent sectors.
How does the BSE Telecom index differ from operator stocks?
Ans. The BSE Telecom index includes both infrastructure and equipment suppliers such as HFCL and Sterlite Technologies, and telecom operators such as Bharti Airtel and Vodafone Idea, which respond to different drivers including order wins versus subscriber and tariff trends.
What could help the BSE Telecom index recover?
Ans. A recovery would likely require an improvement in broader market risk appetite alongside company specific catalysts such as new order wins, tariff hikes, or stabilising global cues around US yields and crude oil prices.
