 "Torrent Power, Tata power: Trading Strategies for power sector")
Shares of power generation and distribution companies extended their rally on Tuesday with the BSE Power index hitting a 10-year high of 3,008 on the BSE. Among individual stock, Adani Power and Torrent Power claimed new all-time highs while Tata Power hit a fresh 52-weeks high.
In the past one week alone, the S&P BSE Power index has surged 6 per cent, against less than 1 per cent gain in the benchmark index after Ministry of Power (MoP) released a discussion paper on the implementation of Market-Based Economic Dispatch (MBED) which argues for redesigning of day- ahead scheduling of electricity markets
