Power stocks slide

Power stocks were trading with losses, with the S&P BSE Power index decreasing 21.99 points or 1.13% at 1916.9 at 13:48 IST.

Among the components of the S&P BSE Power index, Bharat Heavy Electricals Ltd (down 2.92%), Tata Power Company Ltd (down 2.6%),Power Grid Corporation of India Ltd (down 1.66%),NTPC Ltd (down 1.59%),Adani Power Ltd (down 1.29%), were the top losers. Among the other losers were Adani Transmission Ltd (down 1.18%), NHPC Ltd (down 1.05%), K E C International Ltd (down 0.78%), Thermax Ltd (down 0.68%), and Kalpataru Power Transmission Ltd (down 0.58%).

On the other hand, JSW Energy Ltd (up 2.3%), ABB India Ltd (up 1.3%), and Siemens Ltd (up 1.11%) turned up.

At 13:48 IST, the S&P BSE Sensex was down 25.56 or 0.07% at 38480.53.

The Nifty 50 index was down 3.6 points or 0.03% at 11424.7.

The S&P BSE Small-Cap index was up 24.49 points or 0.19% at 12798.1.

The S&P BSE 150 Midcap Index index was up 1.48 points or 0.03% at 4355.93.

On BSE,1097 shares were trading in green, 1188 were trading in red and 199 were unchanged.

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