New Delhi, July 3 -- Shares of GE Vernova T&D India, Hitachi Energy India, Siemens Energy India, and other capital goods companies came under sharp selling pressure in Friday's trade, falling as much as 10.5%, after investor sentiment was hit by the Centre's decision to allow four Chinese-linked power equipment manufacturers to participate in government tenders for critical domestic power projects.

India has allowed four Chinese power equipment manufacturers with factories in the country to participate in government tenders for critical power projects, Reuters reported, citing a government order.

The companies-TBEA Energy, Nanjing Electric India, New Northeast Electric India, and Taikai Electric (India)-will be eligible to participate i...