SEPT 9 TUESDAY
INVESTORS RUSH FOR POWER STOCKS.
NSG clearence to India to pursue nuclear commerce with
nuclear fuel and technology rich nations led investors to
rush for power company stocks on Monday.
Acoording to a report brought out by Assocham
india's nuclear power has the potential of attracting
investments worth 2 lakh crore in 15 years.
Power producig and equipment manufacturing
companie's stocks moved up soon after the market
opened up in the morning.
BSE Power index closed 3.36 % up.
Public sector company Power Grid gained 5.11 %.
The largest PSU power producing company NTPC
gained 4.58 %.
Reliance infrastructures gained 4.19 % .
Reliance Power gained 3.71%
GVK Power gained 3.06 %.
Tata Power gained 1.90 %.
GMR Infrastructure was up 1.80 5.
Shares of power equipment manufacturers also
gained.
BHEL was up 3.40 %.
ABB was up 2.40 %.
Crompton was up 3.38 %.