Power shares slide

Power stocks were trading with losses, with the S&P BSE Power index falling 11.24 points or 0.59% at 1887.96 at 16:00 IST.

Aug 31, 2019 08:08 IST capital market

Among the components of the S&P BSE Power index, Power Grid Corporation of India Ltd (down 2.12%), Thermax Ltd (down 1.34%),NTPC Ltd (down 1.1%),Kalpataru Power Transmission Ltd (down 0.9%),Adani Transmission Ltd (down 0.72%), were the top losers. Among the other losers were JSW Energy Ltd (down 0.6%), and Bharat Heavy Electricals Ltd (down 0.1%).

On the other hand, Reliance Infrastructure Ltd (up 7.32%), Siemens Ltd (up 2.42%), and Tata Power Company Ltd (up 2.07%) moved up.

At 16:00 IST, the S&P BSE Sensex was up 263.86 or 0.71% at 37332.79.

The Nifty 50 index was up 74.95 points or 0.68% at 11023.25.

The S&P BSE Small-Cap index was up 104.2 points or 0.84% at 12534.7.

The S&P BSE 150 Midcap Index index was up 44.74 points or 1.06% at 4250.87.

On BSE,1412 shares were trading in green, 1121 were trading in red and 170 were unchanged.

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