New Delhi, April 13 -- Power stocks witnessed strong buying interest on Monday, April 13, even as Indian stock markets came under sharp pressure, with investors betting on rising electricity demand ahead of the peak summer season and stable fuel availability in the country.
Shares across the power and energy space moved higher on the back of strong volumes. Adani Power led the gains, rising 3.7%, followed by JP Power, which climbed 3.4%. Siemens Energy India advanced 3.1%, while Reliance Power gained 3%. Tata Power moved up 2.7% and Torrent Power added 2%. Among other key names, GE Vernova T&D rose 2%, JSW Energy gained 1.7%, SJVN was up 1.6%, while NTPC and Suzlon Energy advanced 1.3% each.
The rally in power stocks came even as broade...
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