Shares of power companies continued their upward movement with the S&P BSE Power index surging 2.5 per cent and hitting a new high of 5,756.78 in Thursday’s intra-day in an otherwise dul market amid expectations of strong operational performance on the back healthy power demand due to improvement in economic activities.
At 02:50 PM; S&P BSE Power index, the second most gainer among sectoral indices, was up 2.5 per cent, as compared to 0.23 per cent decline in the S&P BSE Sensex. In the past one month, the power index has surged 27 per cent, against 7 per cent rise in the benchmark index.
