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Market Now: Power stocks dull; Reliance Power, Adani Power among top losers

NEW DELHI: Most of the power stocks including Reliance Power..

NEW DELHI: Most of the power stocks including Reliance Power (down 4.16 per cent), GMR Infrastructure (down 1.82 per cent), Adani Power (down 1.60 per cent), JSW Energy (down 1.42 per cent) and BHEL (down 1.41 per cent) were trading down in Tuesday's trade.

The S&P BSE Power index was trading 0.23 per cent down at 2,436 around 12 pm (IST).

Shares of Reliance Infrastructure (down 1.02 per cent), CESC (down 0.93 per cent), NHPC (down 0.60 per cent), Torrent Power (down 0.42 per cent), CG Power and Industrial Solutions (down 0.26 per cent), Power Grid Corporation of India (down 0.20 per cent) and Tata Power Company (down 0.20 per cent) were also among the decliners in the BSE Power index.

However, Suzlon Energy (up 3.83 per cent), KEC International (up 1.47 per cent), Siemens (up 1.17 per cent), Adani Transmission (up 0.24 per cent), ABB India (up 0.21 per cent) and PTC India (up 0.12 per cent) were trading up around that time.

Benchmark BSE Sensex was 67 points up at 34,420, while the NSE Nifty50 index was 4 points up at 10,627.

Among the 50 stocks in the Nifty50 index, 16 were trading in the green, while 34 were in the red.

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