With the BSE benchmark Sensex breaching the 19,000-level and still going strong, analysts believe that Indian markets have entered a bull phase and persistent FII inflows may push the index past the 20,000-mark in the coming days.
At the close of trade, telecom stocks ended with as much as 4.3 per cent loss.
On the NSE, the stock gained 28.60 per cent to close at Rs 362.
The rally in the broader market also mirrored the positive trend seen in other Asian markets.
Broader market underperformed the headline indices with BSE Midcap and BSE Smallcap finishing in red