Stock Market

Stock market update: Power stocks mixed; NTPC rises, but Adani Power plunges over 9%

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NEW DELHI: Power stocks were trading mixed in afternoon trade on Tuesday, consequently, keeping the power index flat.

The BSE Power index was trading flat at 1,996 around 02:30 pm.

Shares of NTPC (up 1.66 per cent), NHPC (up 1.45 per cent), Adani Transmission (up 0.94 per cent), Siemens (up 0.53 per cent), CESC (up 0.38 per cent) and Power Grid Corporation of India (up 0.29 per cent) were the gainers in the index. On the other hand, Adani Power (down 9.39 per cent), CG Power and Industrial Solutions (down 4.05 per cent), Bharat Heavy Electricals (down 1.93 per cent), Tata Power Company (down 1.88 per cent), JSW Energy (down 1.69 per cent), KEC International (down 1.51 per cent), Thermax (down 1.45 per cent), Suzlon Energy (down 0.96 per cent), GMR Infrastructure (down 0.83 per cent) and Reliance Infrastructure (down 0.45 per cent) were the losers.

Shares of Torrent Power (up 0.09 per cent) and ABB India (down 0.09 per cent) were trading nearly flat around that time.

Benchmark BSE Sensex was up 56 points at 37,747, while the NSE Nifty50 index was up 16 points at 11,403.

Among the 50 stocks in the Nifty index, 25 were trading in the green, while 25 were in the red.

In the Sensex index, 13 stocks were advancing, while 18 were declining in trade.




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Category: Stock Market


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