India, March 12 -- Shares of Bharti Airtel and Reliance Industries dipped into the red after rising earlier due to the overall market sentiment turning negative as the trading session for the day progressed.

At 11:30 am IST, Bharti Airtel shares were down 0.84% or by Rs.13.90, trading at Rs.1,647.30, while Reliance Industries shares were trading at Rs.1,247.10, which is down 0.02% or by Rs.0.30.

In contrast, they had both hit their intraday highs of Rs.1,717.25 (3.37% up from previous close) and Rs.1,261.55 (1.13% up from previous close) respectively, due to the positive market sentiment surrounding both of their partnerships with Elon Musk's Starlink.

Airtel had announced its partnership with SpaceX to bring Starlink internet service ...