BSE Power index soars 3%; Power Grid, BHEL stocks gain

The index opened higher at 1,922.37 points as against its previous close of 1,927.01 points and hit a high and a low of 1,983.54 and 1,920.50 points respectively.

Mar 11, 2019 01:03 IST India Infoline News Service

Power Grid Corporation Of India
The BSE Power index is currently trading higher at 1,977.20, up by 3%. The index opened higher at 1,922.37 points as against its previous close of 1,927.01 points and hit a high and low of 1,983.54 and 1,920.50 points respectively.

The sectoral breadth is currently positive with 17 stocks advancing in the afternoon trade.

Power Grid is the top gainer in the index, trading at Rs195.10 per share, up by 4.3% on Monday. BHEL is up more than 4% and is the second-best gainer in the BSE Power Index followed by NTPC, which is up by more than 3.5%.

Other power stocks like Adani Power, Tata Power, Thermax, and KEC International are all up in today’s trading session by more than 2.5%.

Meanwhile, the BSE Sensex was trading at 37,011, up 339 points, while the Nifty50 gained 123 points to trade at 11,158.

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