Share market update: Power stocks light up; NHPC, Tata Power, Power Grid among top gainers

Share market update: Power stocks light up; NHPC, Tata Power, Power Grid among top gainers
JSW Energy, CESC, Thermax and Power Grid Corporation of India rose over 1 per cent.
NEW DELHI: Most power stocks were witnessing decent traction in their shares during Monday's trade.

The BSE Power index was trading 1.15 per cent up at 1,922 around 12:40 pm with all components in the green.

Reliance Infrastructure (up 3.70 per cent), NHPC (up 3.21 per cent), Torrent Power (up 2.29 per cent), ABB India (up 2 per cent) and Tata Power Company (up 1.81 per cent) were leading the pack as gainers.

JSW Energy (up 1.72 per cent), CESC (up 1.66 per cent), Thermax (up 1.27 per cent) and Power Grid Corporation of India (up 1.24 per cent) rose over 1 per cent.

BHEL (up 0.71 per cent), Siemens (up 0.68 per cent), KEC International (up 0.66 per cent), GMR Infrastructure (up 0.62 per cent), Adani Power (up 0.60 per cent), CG Power and Industrial Solutions (up 0.58 per cent), Suzlon Energy (up 0.53 per cent), Adani Transmission (up 0.53 per cent) and NTPC (up 0.50 per cent) too were in the green.

Market was in the positive territory on buying in most sectors amid positive global cues.

Benchmark BSE Sensex was up 238 points at 35,896, while the NSE Nifty50 index was up 66 points at 10,839.

Among the 50 stocks in the Nifty index, 43 were trading in the green, while 7 were in the red.

In the Sensex kitty, 28 stocks were advancing, while only 3- Tata Consultancy Services, IndusInd Bank and HDFC- were declining.

YES Bank, Axis Bank and Vedanta were leading among the Sensex gainers.
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