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Market Now: Power stocks up; CG Power jumps 4%

ETMarkets.com|
Updated: Jan 08, 2018, 01.35 PM IST
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Market Now: Power stocks up; CG Power jumps 4%
Benchmark NSE Nifty50 index was 50 points up at 10,609, while the BSE Sensex was 174 points up at 34,328.
NEW DELHI: Power sector stocks, such as CG Power and Industrial Solutions (up 3.88 per cent), Reliance Power (up 3.32 per cent) and GMR Infrastructure (up 3.29 per cent) were trading up in afternoon trade on Monday.

The BSE Power index was trading 0.38 per cent up at 2,438 around 01:30 pm (IST).

Shares of CESC (up 1.85 per cent), Suzlon Energy (up 1.29 per cent), KEC International (up 1.22 per cent), Adani Power (up 1.08 per cent), Siemens (up 0.88 per cent), PTC India (up 0.84 per cent), Adani Transmission (up 0.52 per cent), JSW Energy (up 0.38 per cent) and Power Grid Corporation of India (up 0.37 per cent) were also among the gainers in the power index.

However, NHPC (down 1.19 per cent), Bharat Heavy Electricals (down 0.59 per cent), NTPC (down 0.20 per cent), Tata Power Company (down 0.15 per cent) and ABB India (down 0.04 per cent) were trading down in the BSE Power index around that time.

Benchmark NSE Nifty50 index was 50 points up at 10,609, while the BSE Sensex was 174 points up at 34,328.

Among the 50 stocks in the Nifty50 index, 36 were trading in the green, while 14 were in the red.
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