Telecom stocks surge as govt mulls minimum price for calls, data; BSE Telecom index rallies 8%, Vodafone up 31%
Updated : November 15, 2019 03:04 PM IST
Telecom stocks saw the traction after sourced told CNBC-TV18 that the committee of secretaries (CoS) is mulling setting a minimum price for mobile calls and data.
Post the report, BSE Telecom index surged as much as 8 percent as compared to 0.8 percent or 309 points rise in BSE Sensex at 40,604.
Vodafone Idea surged as much as 13.2 percent to Rs 3.34, Bharti Airtel jumped 9 percent to Rs 395.45, and Bharti Infratel rose 8 percent to Rs 225.4 on BSE.