New Delhi, March 16 -- Foreign investors appear to be finding comfort in India's power sector amid heightened geopolitical tensions and energy market disruptions, drawn by rising demand for electricity and growing data centre capacity.
They bought power stocks worth $497 million in February, according to data from the National Securities Depository Ltd. That marked the strongest inflow by foreign investors since they pumped in $517 million in April 2024.
Several power stocks delivered solid gains in February, when the benchmark Nifty 50 index slipped 0.6%. GMR Power and Urban Infra led the pack with a 19.5% jump, followed by Torrent Power, which rallied 14%, and Adani Green Energy, up 11%. NTPC climbed 8%, JSW Energy gained 6.1%, while ...
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