Stock market update: Power index in the red; GMR Infra, Power Grid among the top drags

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Losses in Torrent Power (down 3.19 per cent), GMR Infrastructure (down 2.97 per cent) and Power Grid Corporation of India (down
2.27 per cent) were keeping the BSE Power index down during Friday's trade. The BSE Power index was trading 0.73 per cent down at 2,053
around 02:20 pm
Shares of Reliance Infrastructure (down 1.56 per cent), Adani Transmission (down 1.33 per cent), Adani Power (down 1.30 per cent) and CESC
(down 0.80 per cent) were also incurring losses. PTC India (down 0.71 per cent), Tata Power Company (down 0.70 per cent), JSW Energy (down
0.27 per cent) and NTPC (down 0.18 per cent) also were in the red. However, CG Power and Industrial Solutions (up 2.68 per cent), Suzlon
Energy (up 2.19 per cent), Siemens (up 1.03 per cent), BHEL (up 0.85 per cent), KEC International (up 0.66 per cent) and ABB India (up 0.39
per cent) were trading with gains. Benchmark BSE Sensex was 91 points down at 35,372, while the NSE Nifty50 index was down 28 points at
10,740. In the Sensex index, 10 stocks were up and 21 were down. HDFC, ICICI Bank, Tata Steel and HDFC Bank were among the top losers in the
Sensex index.