Share market update: Power shares slip; RInfra tanks 17%

NEW DELHI: Power shares were trading in the negative zone in Wednesday's session.

Shares of Reliance Infrastructure (down 16.92 per cent), Suzlon Energy (down 4.38 per cent), CG Power and Industrial Solutions (down 4.04 per cent) and Adani Transmission (down 3.94 per cent) were the top losers in the index.

Adani Power (down 1.81 per cent), Tata Power Company (down 1.24 per cent), NHPC (down 1.23 per cent) and Bharat Heavy Electricals (down 0.73 per cent) too were trading with losses.


Meanwhile, the S&P BSE Power index was trading 0.36 per cent up at 1993.91 around 11:49 am.

Benchmark NSE Nifty50 index was up 33.75 points at 11,725.25 while the BSE Sensex was up 169.05 points at 39,215.39.

Among the 50 stocks in the Nifty index, 22 were trading in the green, while 27 were in the red.

Shares of YES Bank, Indiabulls Housing Finance, IRB Infra Developers, Indiabulls RE, Vodafone Idea, PNB, SAIL, Tata Motors, Dish TV India and Ashok Leyland were among the most traded shares on the NSE.

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