Stock Market

NEW DELHI: Most power stocks, including Bharat Heavy Electricals (BHEL) (down 3.44 per cent), GMR Infrastructure (down 1.56 per cent), KEC International (down 1.45 per cent) and Tata Power Company (down 1.19 per cent), were trading in the red in afternoon trade on Tuesday.

Shares of ABB India (down 0.99 per cent), Power Grid Corporation of India (down 0.91 per cent), CESC (down 0.86 per cent), CG Power and Industrial Solutions (down 0.84 per cent), NHPC (down 0.40 per cent), Siemens (down 0.25 per cent) and Thermax (down 0.17 per cent) were also down.

However, shares of Adani Transmission (up 18.02 per cent), Adani Power (up 5.68 per cent), Torrent Power (up 1.69 per cent), NTPC (up 1.32 per cent), Reliance Infrastructure (up 0.51 per cent), JSW Energy (up 0.15 per cent) and Suzlon Energy (up 0.14 per cent) were in the green, keeping the sectoral index up.

The BSE Power index was trading 0.47 per cent up at 2,099.85 around 02:45 pm.

Benchmark NSE Nifty50 index was up 33.75 points at 11725.7, while the BSE Sensex was up 157.74 points at 38851.85. In the Sensex kitty, 16 stocks were rising and 15 were falling. Adani Ports, Reliance Industries and Maruti were among the top gainers in the Sensex index.

YES Bank, State Bank of India and PowerGrid were among the top losers in the Sensex index.





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