Share market update: Power stocks mixed, but the sectoral index up on gains in Power Grid, Tata Power

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Power stocks were trading mixed during the last hour of Friday's session. However, the BSE Power index was trading 0.55 per cent
up at 1,999 around 3 pm, backed by gains in Adani Transmission (up 3.33 per cent) and Tata Power Company (up 2.01 per cent). CESC (up 1.17
per cent) and Power Grid Corporation of India (up 1.12 per cent) were also among the top gainers in the index. Shares of ABB India (up 0.73
per cent), Siemens (up 0.39 per cent), GMR Infrastructure (up 0.31 per cent), Suzlon Energy (up 0.26 per cent), NTPC (up 0.23 per cent) and
Reliance Infrastructure (up 0.15 per cent) were in the green in the index. On the other hand, JSW Energy (down 2.84 per cent), Adani Power
(down 2.14 per cent), CG Power and Industrial Solutions (down 1.27 per cent), Torrent Power (down 0.59 per cent) and NHPC (down 0.40 per
cent) were the losers in the power index. Shares of BHEL, Thermax and KEC International were flat around that time
Gains in select FMCG, finance, bank, pharma, telecom and auto stocks were keeping the benchmarks up
The BSE Sensex was up 193 points at 35,625, while the NSE Nifty50 index was up 58 points at 10,799
Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red
In the Sensex index, 23 stocks were advancing, while 8 were declining. Sun Pharma, Mahindra Mahindra and ITC were leading among the Sensex
gainers. On the contrary, Reliance Industries, Wipro and Coal India were among the top losers in the Sensex index.