Utilties shares slide
Utilties stocks were trading with losses, with the S&P BSE Utilities index falling 325.07 points or 5.93% at 5159.89 at 13:42 IST.
Among the components of the S&P BSE Utilities index, Reliance Infrastructure Ltd (down 9.18%), Nava Ltd (down 8.51%),NLC India Ltd (down 7.48%),NHPC Ltd (down 7.21%),JSW Energy Ltd (down 7.11%), were the top losers. Among the other losers were Adani Green Energy Ltd (down 6.94%), Adani Energy Solutions Ltd (down 6.91%), SJVN Ltd (down 6.8%), Power Grid Corporation of India Ltd (down 6.4%), and Gujarat Industries Power Co Ltd (down 6.02%).
At 13:42 IST, the S&P BSE Sensex was down 705.52 or 0.96% at 72962.44.
The Nifty 50 index was down 262.6 points or 1.18% at 22073.1.
The S&P BSE Small-Cap index was down 1667.75 points or 3.89% at 41163.54.
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The S&P BSE 150 Midcap Index index was down 424.58 points or 3.19% at 12869.01.
On BSE,400 shares were trading in green, 3460 were trading in red and 63 were unchanged.
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First Published: Mar 13 2024 | 2:00 PM IST