Sensex, Nifty crash: Investor wealth shrinked by Rs 5.49 lakh crore to Rs 397.90 lakh crore compared with a valuation of Rs 403.39 lakh crore recorded in the previous session.
Shares of JSW Energy Ltd hit their record high in early deals today its arm JSW Neo Energy received a letter of award from NTPC for setting up a 700 MW solar project. JSW Energy stock gained 4.02% to Rs 651.55 against the previous close of Rs 626.35 on BSE. The multibagger stock has rallied 152.25 per cent in a year and gained 56.29 per cent in 2024.
With the latest project win, JSW Energys total locked-in generation capacity has increased to 13.3 GW of which 3.1 GW is solar power, a BSE filing said.
Sensex tumbled 608 points to 71,880 and Nifty slipped 173 pts to 21,822 , reflecting weak investor sentiment on Dalal Street. All 300 Sensex stocks were trading in the red.
This week saw a potentially highly significant signing ceremony take place when representatives of Iraq’s Informatics and Telecommunications Public Company (ITPC) and the Kuwaiti service provider Zajil Telecom signed a strategic collaboration agreement to create a communications route from the Gulf to Europe.
According to the statement, NTPC has set a target to add 5GW of installed capacity reflecting its commitment to providing clean, reliable, and affordable energy solutions.
At the end of last year, 40 companies were searching for natural hydrogen deposits, up from just 10 in 2020. At present, exploratory efforts are underway in Australia, the US, Spain, France, Albania, Colombia, South Korea and Canada, Rystad Energy noted in its earlier research.