Adani Power, NTPC Green to JSW Energy: Power stocks surge up to 6% — What’s behind the rise?
Shares of power companies jumped in the early morning trade on Friday, March 13, as investors’ interest in these stocks peaked on a spike in power demand. The index extended gains following a 2.5% rise in the previous session.
Several power stocks like NTPC Green Energy, Adani Power, JSW Energy and Tata Power gained up to 1-6% in the early trade. However, a few stocks were either trading flat or in the red around 11 am amid a sharp fall in the Indian stock market and profit-taking by investors.
