NEW DELHI: Telecom shares were trading on a mixed note in Wednesday's afternoon session. Shares of Mahanagar Telephone Nigam (up 18.07 per cent) , Tejas Networks (up 7.98 per cent) , Reliance Communications (up 2.59 per cent) and Tata Teleservices (Maharashtra) (up 2.59 per cent) were trading higher.

Bharti Infratel (down 2.96 per cent), GTL (down 2.27 per cent), Bharti Airtel (down 1.47 per cent)and GTPL Hathway (down 1.36 per cent) were trading with losses.

Meanwhile, the SP BSE Telecom index was trading 1.22 per cent down at 979.15 around 12:22 pm.

Benchmark NSE Nifty50 index was up 27.50 points at 10,762.95 while the BSE Sensex was up 84.36 points at 35,840.62.

Among the 50 stocks in the Nifty index, 30 were trading in the green, while 20 were in the red.

Shares of Reliance Communications, Reliance Power, PNB, Suzlon Energy, CG Power, Reliance Capital, Dish TV India, Allahabad Bank, Vakrangee, YES Bank, JP Associates, Vodafone Idea, Reliance Infra, JSPL and Adani Power were among the most traded shares on the NSE.