NEW DELHI: Telecom shares were trading with losses in Friday's afternoon session. Shares of Vindhya Telelinks (down 3.37 per cent), Tata Teleservices (Maharashtra) (down 3.27 per cent), ITI (down 1.86 per cent) and Bharti Infratel (down 1.75 per cent) were the worst performers in the index. Mahanagar Telephone Nigam (down 1.38 per cent), OnMobile Global (down 1.26 per cent), GTPL Hathway (down 1.12 per cent) and Vodafone Idea (down 1.06 per cent) too were trading lower.

The S-P BSE Telecom index was trading 1.04 per cent down at 959 around 11:44 am.

Benchmark NSE Nifty50 index was down 104.45 points at 11,492.45 while the BSE Sensex was down 327.19 points at 38,570.27.

Among the 50 stocks in the Nifty index, 8 were trading in the green, while 41 were in the red.

Shares of Biocon, YES Bank, Vodafone Idea, Dish TV India, ICICI Bank, Spicejet, Ashok Leyland, Adani Power, Bank of Baroda and SAIL were among the most traded shares on the NSE.