Power stocks edge lower

Power stocks were trading in red, with the S&P BSE Power index decreasing 29.64 points or 2.01% at 1445.84 at 13:53 IST.

Among the components of the S&P BSE Power index, K E C International Ltd (down 3.82%), NTPC Ltd (down 3.54%),Kalpataru Power Transmission Ltd (down 2.76%),Power Grid Corporation of India Ltd (down 2.11%),Adani Transmission Ltd (down 1.97%), were the top losers. Among the other losers were Torrent Power Ltd (down 1.51%), Thermax Ltd (down 1.24%), and NHPC Ltd (down 0.49%).

On the other hand, Tata Power Company Ltd (up 0.69%), Siemens Ltd (up 0.57%), and CESC Ltd (up 0.37%) turned up.

At 13:53 IST, the S&P BSE Sensex was down 277.27 or 0.88% at 31408.48.

The Nifty 50 index was down 73.75 points or 0.8% at 9197.15.

The S&P BSE Small-Cap index was down 8.69 points or 0.08% at 10692.62.

The S&P BSE 150 Midcap Index index was down 9.84 points or 0.26% at 3771.57.

On BSE,1025 shares were trading in green, 1111 were trading in red and 155 were unchanged.

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