Power stocks on a roll over NTPC listing

DALAL STREET SPIKES

Power sector major Reliance Energy was up 1.36 per cent to Rs 645.30, while Tata Power was up 0.11 per cent to Rs 316.10 on buying interest ahead of Friday's listing of NTPC.

Other power stocks such as CESC was up 10.18 per cent to Rs 144.50 and Neyveli Lignite was up 2.10 per cent to Rs 65.85.

Market analysts expect the stock to list with at a good premium to its issue price of Rs 62 per share. The NTPC issue was oversubscribed 11 times, raising around Rs 5,368 crore.