Markets

Market Now: Power index in the red; PTC India tanks 7%

NEW DELHI: The BSE Power was trading 0.25 per cent down at 2,146 around 01:40 pm on Monday.

Shares of PTC India (down 6.93 per cent), Reliance Power (down 5.73 per cent), Reliance Infrastructure (down 4.48 per cent), Adani Transmission (down 3.76 per cent), Suzlon Energy (down 3.69 per cent), Adani Power (down 3.56 per cent), Torrent Power (down 3.36 per cent) and JSW Energy (down 3.21 per cent) were the top losers among the power stocks.

GMR Infrastructure (down 2.95 per cent), BHEL (down 2.66 per cent), NHPC (down 1.63 per cent) and Siemens (down 1.48 per cent) were also in the red.

However, KEC International (up 2.11 per cent), NTPC (up 1.79 per cent), CG Power and Industrial Solutions (up 1.15 per cent), Power Grid Corporation of India (up 0.87 per cent) and ABB India (up 0.44 per cent) were slightly up.

Equity benchmarks were down on selling in select auto, IT, bank and FMCG stocks amid mixed global cues.

The BSE Sensex was 73 points down at 35,463, while the NSE Nifty50 index was down 28 points at 10,778.

Tata Motors, Mahindra & Mahindra, ICICI Bank and Tata Consultancy Services were the top losers in the Sensex index.

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