Telecom stocks rise up to 19%

Most telecom stocks, including MTNL, Vodafone Idea, and Bharti Airtel, registered healthy gains in intraday trade on Wednesday, June 25, buoyed by bullish market sentiment following the Israel-Iran ceasefire, which helped calm investor nerves. Shares of MTNL surged over 19 per cent, while those of Vodafone Idea and Bharti Airtel climbed up to 3 per cent during the session. Stocks such as TTML, HFCL, Bharti Hexacom and Indus Towers jumped 1-5 per cent during the session.