Sector movers: BT, TalkTalk lift telecoms higher

Telecoms peers BT Group and TalkTalk were lifting fixed line telecoms stocks higher today after some favourable comments from Credit Suisse. "We expect BT Group and BSkyB to continue to take broadband market share and reiterate our expectation that TalkTalk will return to positive subscriber growth in H212 with smaller unbundlers (O2, Orange) continuing to lose share."The broker reiterated its 'outperform' rating on both stocks in a research report this morning, though BSkyB was lower after retaining a 'neutral' rating.General retailers were out of favour today with Marks & Spencer and Kingfisher among the worst performers.Shares in High Street giant M&S jumped on Friday on rumours that private equity titan CVC Capital Partners is considering a takeover offer.Meanwhile, B&Q owner Kingfisher was lower after Bank of America Merrill Lynch lowered its rating to 'underperform'.Top performing sectors so far todayFixed Line Telecommunications 2,575.94 +1.35%Forestry & Paper 5,983.49 +1.18%Construction & Materials 3,247.65 +0.65%Banks 3,705.89 +0.32%Food & Drug Retailers 4,171.10 +0.28%Bottom performing sectors so far todayIndustrial Metals & Mining 2,512.60 -2.94%General Retailers 1,805.45 -1.72%Industrial Engineering 7,205.76 -0.88%Electronic & Electrical Equipment 3,275.79 -0.77%Financial Services 4,877.82 -0.76%BC