Read more about Utilties shares fall on Business Standard. Utilties stocks were trading in the negative zone, with the S&P BSE Utilities index falling 34.69 points or 1.43% at 2398.61 at 13:49 IST.
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Power stocks were trading in red, with the S&P BSE Power index decreasing 20.94 points or 0.73% at 2857.73 at 13:49 IST. Among the components of the S&P BSE Power index, Adani Transmission Ltd (down 5%), Adani Green Energy Ltd (down 3.08%), Torrent Power Ltd (down 1.51%), Tata Power Company Ltd (down 0.42%), and K E C International Ltd (down 0.4%), were the top losers. On the other hand, Thermax Ltd (up 1.32%), Power Grid Corporation of India Ltd (up 1.26%), and ABB India Ltd (up 1.2%) turned up.
At 13:49 IST, the S&P BSE Sensex was down 27.25 or 0.05% at 50624.65.
The Nifty 50 index was up 2.7 points or 0.02% at 15200.4.
The S&P BSE Small-Cap index was up 55.4 points or 0.24% at 23347.27.
Salsar Techno Engineering on Monday said it has bagged an order worth Rs 238.65 crore from Power Grid Corporation of India Ltd (PGCIL) for construction of power transmission line network and sub stations in Arunachal Pradesh.