ad

BSE Telecom Index Slips 2 Percent as HFCL, Sterlite Technologies and Route Mobile Lead Losses

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.


24 Jul 20261:27 pm

BSE Telecom Index Slips 2 Percent as HFCL, Sterlite Technologies and Route Mobile Lead Losses

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.

Click Here – Get Free Investment Predictions

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.

Compare telecom sector stocks on the Univest Screener

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.

Download the Univest iOS App or Univest Android App to track the BSE Telecom index and telecom stocks live.

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.

Recent Articles

Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

Reviews

user-review-1
user-review-2
user-review-3
user-review-4
user-review-5

RESEARCH ANALYST

Get SEBI Registered
advice on the stocks
trending today.

Get 3 FREE Trade Ideas

+91
for Startups Accelerator 2024

for Startups Accelerator 2024

Trusted by 1Cr Indians

Trusted by 1Cr Indians

Awarded No.1 by Economic Times

Awarded No.1 by Economic Times

GET THE APP

Join 1Cr users today.

SEBI Registered Analyst-backed Picks. Free Demat. One App

  • Free Demat account in under 5 minutes
  • Live market data — Nifty, Sensex, sector insights
  • SEBI Registered analyst-backed stock picks
Get it on Google PlayDownload on the App Store

Copyright 2026 Univest. All rights reserved.
Designed with ❤️ in India

arrow down