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 FMCG stocks.
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.