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Nifty, Sensex down 5th Week in a row – Weekly Closing Report

On Monday, 2062 stocks advanced, 1675 declined and 170 remained unchanged, with an advance decline ratio of 1.23 on the Bombay Stock Exchange (BSE), indicating a negative closing of stocks in broader markets. Domestic equities prompted buying, notably in the IT sector, as a result of the global markets recovery following a big slump.
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renewables: India's massive renewables deployment helps meet record power demand: Kemp

Indias electricity consumption reached a new high this summer, but the transmission grid remained stable due to increased generation from renewables and abundant fuel stocks at coal-fired power plants. The grid operated with a closer balance between generation and load, reducing the risk of power outages. Generation from wind and solar farms increased, and improved fuel availability led to an increase in coal-fired units output. India has benefited from the significant growth in renewable capaci...
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Power demand hits record highs in August, with 234 GW peak

India experienced an all-time high in electricity demand last week due to hot weather and increased irrigation needs. The maximum demand met on August 17 reached 234 GW, surpassing the predicted 229 GW for the summer. The rise in demand was attributed to a dry spell in some regions and humid weather. Cooling appliances and irrigation were major contributors to the increased demand.
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Nifty, Sensex May Push Higher - Monday Closing Report

On Monday, 2062 stocks advanced, 1675 declined and 170 remained unchanged, with an advance decline ratio of 1.23 on the Bombay Stock Exchange (BSE), indicating a negative closing of stocks in broader markets. Domestic equities prompted buying, notably in the IT sector, as a result of the global markets recovery following a big slump. For information on interest rates, investors are keeping tabs on the Fed chairs remarks at the organizations upcoming summer conference at Jackson Hole. As a result...
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