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At 12.45 pm, Vi shares were quoting Rs 11.41 apiece on the NSE. Meanwhile Indus Towers' stock price which had plummeted over 14 percent, trimmed losses to quote Rs 397, down 7.5 percent.

During intraday trading, the shares of Vodafone Idea decline over 15 per cent, trading at Rs 10.96 apiece. Similarly, the stocks of Indus Tower nosedive over 10 per cent to Rs 384.80 apiece.