Sensex gains strength amid choppy trade-Star India Market Research
Yes Bank was the biggest loser among Nifty50 stocks, shedding more than 4 percent.
Tata Power, India’s largest integrated power company, has registered the highest ever gross electricity generation of February 2018 at 4647 million inits.
It has demonstrated a 3 percent increase in gross generation capacity when compared to the same month last year where it generated 4518 million units.
All of its power generation stations, including Trombay, Jojobera, Haldia, Maithon, IEL, CGPL, TPREL, WREL, Cennergi, ITPC, Dagachu, Hydro, and
TPCL Wind witnessed higher availability.
Benchmark indices gained some strength amid volatility as the Sensex was up 93.37 points at 33,126.46, driven by index heavyweights Reliance Industries, ICICI Bank, Infosys, HDFC and HDFC Bank that gained 1-1.5 percent.
The Nifty gained 26.70 points at 10,180.90 while the Nifty Midcap index was off day's low, falling half a percent.
Yes Bank was the biggest loser among Nifty50 stocks, shedding more than 4 percent.
About three shares declined for every share rising on the BSE.
The rupee was trading lower by 7 paise at 64.96 against the dollar as the American unit strengthened overseas amid foreign fund outflows.
Forex dealers said increased demand for the US currency from importers and the greenback's gains against other currencies overseas after news of potential US tariff exemptions put pressure on the rupee.
In the opening session, the domestic unit fell by 2 paise to 64.91.
Yesterday, it had gained 7 paise to close at a one-week high of 64.89 against the US currency due to sustained dollar selling by exporters and banks.
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