Getty ImagesKarma Energy(up 4.97%), RTNPOWER(up 1.44%), CESC(up 1.41%), PTC India(up 1.27%), KPI Green Energy(up 1.18%), Jaiprakash Power Ventures(up 1.13%), Suzlon Energy(up 1.10%), Adani Power(up 0.95%), SJVN(up 0.90%) and ADANIGREEN(up 0.78%) were among the top gainers.
Indowind Energy(down 4.79%), JSW Energy(down 4.66%), Alstom T&D India(down 3.43%), Orient Green Power Company(down 2.68%), Kalpataru Projects International(down 2.62%), KEC International(down 2.28%), NTPC(down 2.01%), NLC India(down 1.72%), Inox wind(down 1.33%) and Hitachi Energy India(down 1.20%) were among the top losers.
The NSE Nifty50 index was trading 18.45 points down at 19263.3, while the 30-share BSE Sensex was down 51.17 points at 64520.71 at around 11:25AM.
Hindalco Industries Ltd.(up 1.9%), Tata Steel Ltd.(up 1.62%), State Bank of India(up 1.15%), LTIMindtree Ltd.(up 1.11%), JSW Steel Ltd.(up 1.06%), Kotak Mahindra Bank Ltd.(up 0.76%), Nestle India Ltd.(up 0.72%), Tata Consumer Products Ltd.(up 0.69%), Dr. Reddy's Laboratories Ltd.(up 0.64%) and Maruti Suzuki India Ltd.(up 0.63%) were among the top gainers in the Nifty pack.
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Big-ticket Buys Light Up Festive Sales in First LegDiscretionary spending by consumers on big-ticket items such as cars, smartphones, televisions, two-wheelers and household appliances is off to a flying start this festive season. Several brands and categories have overtaken last year’s total festive period sales or are close to matching them in the first phase, which runs from Navratri to Dussehra, several industry executives said.
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‘India to be No. 3 Economy by 2030’Brisk digital transformation and a rapidly growing middle class are expected to drive India’s growth, lifting its economy to the third place by 2030, according to S&P Global Market Intelligence. This will put it behind only the US and China, overtaking Germany and Japan.
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