Market Now: Adani Transmission, Suzlon Energy drag BSE Power index lower
ETMarkets.com|
Updated: Mar 09, 2018, 12.37 PM IST
Tata Steel, State Bank of India, Adani Ports were among the top losers in the Sensex kitty of stocks.
NEW DELHI: Power stocks Adani Transmission (down 2.85 per cent), Suzlon Energy (down 2 per cent), Reliance Power (down 1.76 per cent), PTC India (down 1.64 per cent) and KEC International (down 0.95 per cent) were down during afternoon trade on Friday.
The BSE Power was trading 0.18 per cent down at 2,146 around 12:20 pm (IST).
However, shares of Bharat Heavy Electricals (BHEL) (up 1.51 per cent), NHPC (up 1.31 per cent), ABB India (up 0.56 per cent), Siemens (up 0.54 per cent) and Tata Power Company (up 0.44 per cent) were trading up in the index around that time.
Equity benchmarks were in the green on sustained buying by domestic institutional investors amid a firm trend at other Asian bourses.
The NSE Nifty50 index was up 41 points at 10,283, while the BSE Sensex was up 124 points at 33,476.
Among the 50 stocks in the Nifty index, 35 were trading in the green, while 15 were in the red.
HDFC, Tata Consultancy Services, Mahindra & Mahindra and Hero MotoCorp were among the top gainers in the Sensex index.
On the other hand, Tata Steel, State Bank of India, Adani Ports, NTPC, Axis Bank and ICICI Bank were among the top losers in the Sensex kitty of stocks.
The BSE Power was trading 0.18 per cent down at 2,146 around 12:20 pm (IST).
However, shares of Bharat Heavy Electricals (BHEL) (up 1.51 per cent), NHPC (up 1.31 per cent), ABB India (up 0.56 per cent), Siemens (up 0.54 per cent) and Tata Power Company (up 0.44 per cent) were trading up in the index around that time.
Equity benchmarks were in the green on sustained buying by domestic institutional investors amid a firm trend at other Asian bourses.
The NSE Nifty50 index was up 41 points at 10,283, while the BSE Sensex was up 124 points at 33,476.
Among the 50 stocks in the Nifty index, 35 were trading in the green, while 15 were in the red.
HDFC, Tata Consultancy Services, Mahindra & Mahindra and Hero MotoCorp were among the top gainers in the Sensex index.
On the other hand, Tata Steel, State Bank of India, Adani Ports, NTPC, Axis Bank and ICICI Bank were among the top losers in the Sensex kitty of stocks.
