Home Market Stock market update: Power stocks mixed; BHEL, NTPC trade flat

Stock market update: Power stocks mixed; BHEL, NTPC trade flat

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

Shares of KEC International (up 5.58 per cent), Adani Transmission (up 2.04 per cent), ABB India (up 1.56 per cent), GMR Infrastructure (up 1.23 per cent), Torrent Power (up 1.22 per cent) and Siemens (up 0.40 per cent) were trading with gains in the power index.

On the contrary, Adani Power (down 1.79 per cent), CG Power and Industrial Solutions (down 1.78 per cent), JSW Energy (down 1.20 per cent), Suzlon Energy (down 1.18 per cent), Reliance Infrastructure (down 1.02 per cent), Power Grid Corporation of India (down 0.97 per cent), PTC India (down 0.65 per cent), Reliance Power (down 0.56 per cent) and Tata Power Company (down 0.32 per cent) were among the losers in the index.

Shares of NHPC, BHEL, NTPC and CESC were flat around that time.

The BSE Power index was trading 0.08 per cent down at 2,051 around 12:30 pm.

Benchmark BSE Sensex was up 214 points at 35,698, while the NSE Nifty50 index was up 60 points at 10,847.

Among the 50 stocks in Nifty index, 35 were trading in the green, while 15 were in the red.

In the Sensex index, 23 stocks were advancing and 8 were declining in trade.

Dr. Reddy's Laboratories, State Bank of India and Sun Pharma were among the top gainers in the Sensex index.

On the other hand, Power Grid, Coal India, Tata Steel and Bharti Airtel were among the top losers in the Sensex kitty of stocks.

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