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NEW DELHI: The S&P BSE Power index was trading 1.15 per cent up at 2,409 around 01:10 pm (IST), with shares of Reliance Power (up 17.71 per cent) zooming nearly 18 per cent.

Shares of Reliance Infrastructure (up 4.21 per cent), Suzlon Energy (up 3.60 per cent), GMR Infrastructure (up 3.56 per cent), Tata Power Company (up 3.52 per cent), Adani Power (up 2.88 per cent), CESC (up 1.92 per cent), JSW Energy (up 1.46 per cent), PTC India (up 0.84 per cent), Bharat Heavy Electricals (up 0.76 per cent), CG Power and Industrial Solutions (up 0.75 per cent) and ABB India (up 0.43 per cent) were also trading up in the power index.

However, shares of Adani Transmission (down 0.94 per cent), Torrent Power (down 0.19 per cent) and NTPC (down 0.14 per cent) were trading down around that time.

Benchmark BSE Sensex was 23 points down at 34,034, while the NSE Nifty50 index was down 13 points down at 10,517.

Among the 50 stocks in the Nifty50 index, 23 were trading in the green, while 27 were in the red.

Wipro, Sun Pharma, Coal India and Bharti Airtel were leading Sensex index.

On the contrary, Tata Consultancy Services, Hindustan Unilever, ICICI Bank and HDFC were among the top losers.

Original Article

The post Market Now: Power stocks up; Reliance Power zooms 18% appeared first on News Wire Now.

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