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Share market update: Power shares decline; BHEL slips nearly 2%

NEW DELHI: The S&P BSE Power index was trading 0.53 per cent..

NEW DELHI: The S&P BSE Power index was trading 0.53 per cent down at 1963.89 around 12:17 pm on Thursday with most of its components trading lower.

Shares of Bharat Heavy Electricals (down 1.92 per cent), CG Power and Industrial Solutions (down 1.69 per cent), Reliance Infrastructure (down 1.16 per cent) and Power Grid Corporation of India (down 1.15 per cent) were the top losers in the index.

GMR Infrastructure (down 0.94 per cent), KEC International (down 0.69 per cent) and CESC (down 0.60 per cent) too were trading with losses.

Benchmark NSE Nifty50 index was down 76.05 points at 10,716.45 while the BSE Sensex was down 214.64 points at 35,676.88.

Among the 50 stocks in the Nifty index, 11 were trading in the green, while 39 were in the red.

Shares of Reliance Communications, JP Associates, Dena Bank, Bank of Baroda, SBI, Ashok Leyland, YES Bank, Hindustan Construction Company, PC Jeweller, NCC, JSPL, Tata Steel, Jet Airways, Suzlon Energy, Bank of India and PFC were among the most traded shares on the NSE.

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