Power related stocks in demand; NTPC, PFC, REC, Tata Power rally up to 9%
Shares of power generations and power finance companies were in focus, and rallied by up to 9 per cent on the BSE in Friday’s intra-day trade amid heavy volumes on rising demand.
NTPC and Tata Power Company from power utilities, and REC and Power Finance Corporation from power finance surged in the range of 4 per cent to 9 per cent on the BSE. Torrent Power, CESC, Adani Power and BHEL were up in the range of 2 per cent to 3 per cent. In comparison, the S&P BSE Sensex was up 0.14 per cent at 66,359 at 11:13 AM.
