What’s not

Telecom services companies were punished. Reliance Communications, Mahanagar Telephone Nigam, Tata Communications and Bharti Airtel declined 12%, 11%, 11% and 10%, respectively.

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Bulk deals

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ML sectoral trends

Stocks of telecom equipment companies advanced 5% and stocks of farm & farm inputs companies rose 3%. Stocks of refineries and oil & gas companies rose 2% each. Shares of airlines companies and telecom services companies declined 14% and 9%, respectively.

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