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Infrastructure stocks made significant gains on the NSE today, apparently on hopes that the meeting between the Prime Minister, Dr Manmohan Singh, and the CEOs of power companies yesterday would bring some relief to these companies.
But domestic power gear manufacturers like BHEL and Siemens witnessed some value erosion.
Reliance Infra was the biggest gainer in terms of percentage and value, gaining Rs 46.30 or 10.46 per cent to close at Rs 489. L&T also gained significantly, up by Rs 39.40 to close at Rs 1,280. ABB ended at Rs 728.50, a gain of Rs 14.20. Tata Power, Adani Power and NTPC also ended up marginally, their gains ranging from Rs 5.50 to Rs 8 each.
Among the losers were Siemens, which was down by Rs 6.60 at Rs 738.05, and BHEL at Rs 265.80, a loss of Rs 7.35.
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