Market Now: BSE Power index falls over 1%; NTPC top drag

NEW DELHI: Power stocks JSW Energy (down 6.31 per cent), Siemens (down 3.37 per cent), Tata Power Company (down 2.56 per cent), NTPC (down 1.89 per cent) and Reliance Infrastructure (down 1.28 per cent) were trading with losses during afternoon trade on Friday, keeping the sectoral index down.

The BSE Power index was trading 1.03 per cent down at 2,187 around 02:10 pm (IST).

BHEL (down 1.23 per cent), GMR Infrastructure (down 1.01 per cent), ABB India (down 0.86 per cent), CG Power and Industrial Solutions (down 0.80 per cent) and NHPC (down 0.53 per cent) were also in the red.


However, shares of Adani Power (up 1.83 per cent), KEC International (up 1.48 per cent), Reliance Power (up 0.43 per cent), Power Grid Corporation of India (up 0.36 per cent), Torrent Power (up 0.21 per cent) and Suzlon Energy (up 0.19 per cent) were in the green around the same time.

The benchmark NSE Nifty50 index was down 53 points at 10,627, while the BSE Sensex was 170 points down at 34,933.

In the Sensex index, 10 stocks were advancing in trade, while 21 were declining.

ITC, Sun Pharma, Baja Auto, Axis Bank and Bharti Airtel were trading with losses of over 2 per cent in the Sensex index.