Power stocks in focus; Adani, Tata, Torrent Power hit 52-week highs
Shares of electric utilities companies were in focus at the bourses on Thursday, with the S&P BSE Power index hitting a 52-week high in an otherwise subdued market amid expectation of higher power demand. Among stocks, Adani Power, Tata Power, Torrent Power, Adani Transmission and NHPC also hit their respective 52-week highs and rallied by up to 10 per cent on the BSE.
At 10:29 am, the S&P BSE Power index, the top gainer among sectoral indices, was up 0.94 per cent, as compared to 1.3 per cent decline in the S&P BSE Sensex.
