INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Most power stocks were trading in the negative territory during afternoon trade on Monday, dealing a blow to the sectoral
index.
The BSE Power index was 1.81 per cent down at 2,051 around 02:05 pm with Reliance Infrastructure (up 0.74 per cent) as the solitary
gainer.
KEC International, Adani Power, BHEL and CG Power and Industrial Solutions plunged over 4 per cent, emerging as the top losers in
the power index.
Siemens, Suzlon Energy and Torrent Power declined over 3 per cent.
Reliance Power, Power Grid Corporation of India, JSW
Energy, ABB India and NHPC declined up to 2 per cent.
PTC India, Adani Transmission, CESC and Tata Power Company suffered losses of over 1
per cent.
Shares of NTPC and GMR Infrastructure were also in the red
Benchmark BSE Sensex was 98 points down at 35,129, while the NSE Nifty50 index was down 40 points at 10,656
Among the 50 stocks in the Nifty index, 17 were trading in the green, while 33 were in the red
In the Sensex kitty of stocks, 9 stocks were trading up, while 22 were down.
