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Power shares rise

Power stocks were trading with gains, with the S&P BSE Power index rising 13.75 points or 0.52% at 2656.86 at 09:49 IST. Among the components of the S&P BSE Power index, Adani Green Energy Ltd (up 5%), CESC Ltd (up 1.43%),K E C International Ltd (up 0.93%),Tata Power Company Ltd (up 0.74%),Adani Transmission Ltd (up 0.67%), were the top gainers. Among the other gainers were Thermax Ltd (up 0.62%), Torrent Power Ltd (up 0.61%), NHPC Ltd (up 0.58%), Adani Power Ltd (up 0.42%), and Bharat Heavy Electricals Ltd (up 0.07%). On the other hand, NTPC Ltd (down 1.12%), ABB India Ltd (down 0.62%), and Siemens Ltd (down 0.61%) moved lower. At 09:49 IST, the S&P BSE Sensex was up 345.14 or 0.71% at 49077.69.

Utilties shares fall

Utilties stocks were trading in the negative zone, with the S&P BSE Utilities index falling 46.6 points or 1.96% at 2328.26 at 13:49 IST. Among the components of the S&P BSE Utilities index, Adani Transmission Ltd (down 5%), Indian Energy Exchange Ltd (down 4.99%),GAIL (India) Ltd (down 4.44%),JSW Energy Ltd (down 3.83%),Tata Power Company Ltd (down 3.75%), were the top losers. Among the other losers were NLC India Ltd (down 2.98%), Mahanagar Gas Ltd (down 2.95%), Rattanindia Power Ltd (down 2.76%), Gujarat State Petronet Ltd (down 2.71%), and Jaiprakash Power Ventures Ltd (down 2.53%). On the other hand, BF Utilities Ltd (up 5.2%), PTC India Ltd (up 4.42%), and Power Grid Corporation of India Ltd (up 1.17%) moved up.

Tata Power Share Price: Buy Tata Power Company, target price Rs 123: Motilal Oswal

Power shares gain

Power stocks were trading in the positive zone, with the S&P BSE Power index rising 42.33 points or 1.59% at 2710.98 at 09:49 IST. Among the components of the S&P BSE Power index, Siemens Ltd (up 7.76%), Power Grid Corporation of India Ltd (up 3.07%),Torrent Power Ltd (up 2.91%),NHPC Ltd (up 2.83%),NTPC Ltd (up 2.8%), were the top gainers. Among the other gainers were K E C International Ltd (up 1.97%), ABB India Ltd (up 1.71%), Bharat Heavy Electricals Ltd (up 1.3%), Adani Transmission Ltd (up 0.61%), and Adani Power Ltd (up 0.51%). On the other hand, Adani Green Energy Ltd (down 2.35%), Tata Power Company Ltd (down 1.6%), and Thermax Ltd (down 1.22%) moved lower.

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