After opening the day on a negative note, share markets in India have remained range bound and are trading marginally below the dotted line. Sectoral indices are trading on a mixed note with stocks in the capital goods sectorand stocks in the oil and gas sector trading in green, while stocks in the pharma sector are leading the losses.

The BSE Sensex is trading down by 73 points (down 0.3%), and the NSE Nifty is trading down by 23 points (down 0.3%). Meanwhile, the BSE Mid Cap index is trading up by 0.5%, while the BSE Small Cap index is trading up by 0.5%. The rupee is trading at 64.41 to the US$.

Stocks in the telecom sector are in the limelight in today’s trade. Bucking the market trend, both Bharti Airtel share price and Idea cellular share price are among the top gainers on the BSE Sensex.

The advances come after the Telecom Regulatory Authority of India (TRAI) ordered Reliance Jio to withdraw its free offer.

Reliance Jio Infocomm’s (RJio) attempts to widen its subscriber base through free services have been thwarted, with the telecom regulator asking the operator to withdraw the offer.

The Summer Surprise offer announced last week, promised to provide complimentary services to every Jio Prime member for three months starting April 1.

While the operator has complied with the Telecom Regulatory Authority of India’s (TRAI) order, all those who have already signed up will continue to get free services under the offer till July.

The company said it was in the process of fully complying with the regulator’s order and would withdraw the complimentary benefits as soon as feasibly possible.

Jio was expected to start charging for its services from April 1. However, it extended the deadline to buy the Rs 303 plan and other plans until April 15.

Under the Jio Summer Surprise offer, those who bought the Rs 99 Prime membership by April 15, with a Rs 303 plan or higher, would be eligible for three months’ complementary services.