According Telecom Ministory Telecom stock are bearish.

Telecom Stocks

According to Telecom ministory telecom shares too witnessed selling pressure, The telecom ministry has asked service providers to discontinue their 3G roaming agreements, which will lead to a significant loss of revenues to the government. Bharti Airtel down 1.49% and Idea Cellular slipped 3.5%.

Small cap Active stocks

Beaten down stock can do good as we enter last 6 trading days for the year 2011, HDIL, IBREALST, VOLTAS, NMDC, CROMPTON, CUMMINS, JINDALSAW, STC, DREGINGCORP, IVRCL, CESC, LOVABLE are few stock selected for possible short term rally.

Market news

In comparison, the performance of all the three segments was almost similar in the previous year 2010, when the mid-cap index and small cap index had gained about 16% each, while the Sensex fared little better by rising about 17%.