Home Market Market Now: Power stocks trade mixed; Reliance Power surges 7%

Market Now: Power stocks trade mixed; Reliance Power surges 7%

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NEW DELHI: Power stocks were trading mixed during afternoon trade on Thursday.

The BSE Power index was trading almost flat at 2,140 around 1 pm.

Shares of Reliance Power (up 6.75 per cent), Reliance Infrastructure (up 3.54 per cent), Adani Transmission (up 2.97 per cent) and Torrent Power (up 2.88 per cent) were the top gainers among the power stocks.

JSW Energy (up 1.51 per cent), BHEL (up 0.76 per cent), CG Power and Industrial Solutions (up 0.20 per cent), KEC International (up 0.13 per cent) and Tata Power Company (up 0.12 per cent) were also in the green.

On the other hand, PTC India (down 7.12 per cent) was the top loser in the power index.

CESC (down 0.62 per cent), NTPC (down 0.62 per cent), ABB India (down 0.45 per cent), NHPC (down 0.38 per cent), GMR Infrastructure (down 0.27 per cent), Suzlon Energy (down 0.22 per cent) and Siemens (down 0.18 per cent) were also in the red.

Power Grid Corporation of India and Adani Power were trading flat around that time.

Benchmark BSE Sensex was 109 points down at 35,278, while the NSE Nifty50 index was down 29 points at 10,712.

In the Sensex index, 11 stocks were trading up, while 20 stocks were down.

Tata Motors, with a gain of over 2 per cent, was leading the pack of Sensex gainers.

On the contrary, Tata Steel, falling over 2 per cent, was leading the pack of Sensex losers.

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