Market Now: Power stocks mixed; Suzlon Energy, JSW Energy crack over 4%

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Power stocks Suzlon Energy (down 4.36 per cent), JSW Energy (down 4.16 per cent), Reliance Infrastructure (down 1.87 per cent)
and Tata Power Company (down 1.35 per cent) were suffering losses during afternoon trade on Tuesday, keeping the sectoral index
down. However, gains in PTC India (up 5.03 per cent), ABB India (up 0.92 per cent), NHPC (up 0.72 per cent), GMR Infrastructure (up 0.51 per
cent), Siemens (up 0.49 per cent), Power Grid Corporation of India (up 0.41 per cent) and KEC International (up 0.40 per cent) capped the
fall
The BSE Power index was trading 0.20 per cent down at 2,198 around 01:25 pm (IST). Shares of BHEL (down 1.24 per cent), Adani Power (down
1.19 per cent), Reliance Power (down 1.04 per cent), Adani Transmission (down 0.96 per cent), CESC (down 0.67 per cent) and Torrent Power
(down 0.25 per cent) were also in the red around that time. Losses in capital goods, consumer durables, telecom, pharma, auto and metal
stocks pulled markets down
Benchmark BSE Sensex was 10 points down at 35,198, while the NSE Nifty50 index was down 7 points at 10,709. Among the 50 stocks in Nifty
index, 19 were trading in the green, while 31 were in the red
In the Sensex index, 13 stocks were advancing, while 18 were declining
Mahindra Mahindra, IndusInd Bank and Larsen Toubro were the top losers in the Sensex index
ICICI Bank and State Bank of India were leading the pack of Sensex gainers.