Market Now: Power stocks mixed; Reliance Infra, Reliance Power top gainers

ETMarkets.com|
Mar 08, 2018, 01.03 PM IST
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Market Now: Power stocks mixed; Reliance Infra, Reliance Power top gainers
Among the 50 stocks in the Nifty50 index, 29 were trading in the green, while 21 were in the red.
NEW DELHI: Power stocks were trading mixed during afternoon trade on Thursday.

Shares of Reliance Infrastructure (up 2.35 per cent), Reliance Power (up 1.15 per cent), CG Power and Industrial Solutions (up 1.11 per cent), KEC International (up 1.07 per cent), JSW Energy (up 1.03 per cent), Power Grid Corporation of India (up 0.83 per cent), Siemens (up 0.79 per cent), GMR Infrastructure (up 0.58 per cent), NTPC (up 0.49 per cent) and ABB India (up 0.27 per cent) were trading with gains in the BSE Power index.

On the other hand, Adani Transmission (down 11.37 per cent), Adani Power (down 4.89 per cent), PTC India (down 4.76 per cent), Suzlon Energy (down 1.48 per cent), NHPC (down 0.37 per cent), Torrent Power (down 0.22 per cent), Tata Power Company (down 0.19 per cent) and Bharat Heavy Electricals (BHEL) (down 0.06 per cent) were in the red in the power index.

The BSE Power index was trading 0.07 per cent up at 2,132 around 12:55 pm (IST).

Equity benchmarks were in the positive terrain, backed by buying in bank, financial, auto and IT stocks amid positive global cues.

Benchmark NSE Nifty50 index was up 54 points at 10,209, while the BSE Sensex was up 183 points at 33,216.

Among the 50 stocks in the Nifty50 index, 29 were trading in the green, while 21 were in the red.

Shares of Mahindra & Mahindra, State Bank of India, ICICI Bank and Reliance Industries were among the top gainers in the Sensex kitty of stocks.

However, YES Bank, Sun Pharma, Tata Steel and Tata Motors were among the top losers in the Sensex index.
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