Power stocks under pressure; NTPC, Tata Power, BHEL among losers


Power stocks under pressure; NTPC, Tata Power, BHEL among losers

Most power stocks were trading in the negative territory in Monday’s trade, keeping the sectoral index down.

The BSE Power index was trading 0.87 per cent down at 2,088 around 12:25 pm. Shares of KEC International, Adani Power and JSW Energy cracked up to 4 per cent in the power index.

Torrent Power, PTC India, CG Power and Industrial Solutions and Adani Transmission declined over 2 per cent.

BHEL (down 1.89 per cent), CESC (down 1.63 per cent), Tata Power Company (down 1.61 per cent), Suzlon Energy (down 1.58 per cent), Reliance Power (down 1.33 per cent), GMR Infrastructure (down 1.15 per cent), NTPC (down 0.93 per cent), ABB India (down 0.67 per cent) were also among the losers in the index.  Read More

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