INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The SP BSE Power was trading 0.53 per cent down at 2,126 around 01:30 pm with CG Power and Industrial Solutions (down 13.08 per
cent) as the top loser.
As per PTI, the company on Wednesday said that its consolidated net loss increased by 31 per cent to Rs 581.82 crore
in the quarter ended on March 2018 due to provision of exception items of Rs 414.84 crore.
Suzlon Energy (down 4.35 per cent), GMR
Infrastructure (down 1.64 per cent), KEC International (down 1.52 per cent), Siemens (down 1.27 per cent), ABB India (down 1.20 per cent)
and Reliance Infrastructure (down 1.13 per cent) figured among losers.
Shares of CESC (down 0.82 per cent), JSW Energy (down 0.80 per cent),
Power Grid Corporation of India (down 0.57 per cent), Torrent Power (down 0.43 per cent), Adani Power (down 0.25 per cent) and NHPC (down
0.19 per cent) were also under pressure
Meanwhile, BHEL (up 0.84 per cent), PTC India (up 0.76 per cent), Adani Transmission (up 0.48 per cent), Tata Power Company (up 0.30 per
cent) and NTPC (up 0.27 per cent) were trading with mild gains.
Key equity indices were up on gains in select bank, financial, IT, auto and
Firm global cues and short-covering of bets on the last session of May expiry in the derivatives segment kept the overall sentiment
up.
Benchmark BSE Sensex was up 198 points at 35,104, while the NSE Nifty50 index was up 60 points at 10,674
Among the 50 stocks in the Nifty index, 28 were trading in the green, while 22 were in the red.
In the Sensex pack, 16 stocks were up,
while 15 were down.
ICICI Bank, Sun Pharma and Hero MotoCorp were among the top losers in the Sensex pack of stocks.
