At home, three big telecom operators together reported losses in excess of Rs 1,00,000 crore for the September quarter. Bharti Airtel, only Nifty/Sensex component, gained 5 per cent for the week, as mammoth losses failed to hurt sentiment much.
Overall, for the week, Sensex gained 33.08 points, or 0.08 per cent, to 40,356.69. Nifty ended the truncated week at 11895.45, down 12.7 points or 0.11 per cent.
Here are a few stocks that buzzed the most during the trading week:
Voda Idea, Bharti Airtel and RCom: Shares of three telecom operators ended mixed last week after reporting a combined Rs 1,00,000 crore-plus losses for the September quarter. Bharti Airtel ended the week at Rs 393.20, up 5.4 per cent. Vodafone Idea fell 2.64 per cent for the week to to Rs 3.7, after rallying 25 per cent alone on Friday. This is even as the company reported India Inc’s highest ever quarterly loss of Rs 50,921 crore. RCom fell 14.49 per cent to Re 0.6, but that after posting India Inc’s second-worst quarterly loss of Rs 30,142 crore.
VST Industries: The stock jumped 9.95 per cent to Rs 4,555.70 last week after ace…