Mid-Market Stock:Nifty Energy index trade up

Power and oil company’s shares were trading higher with the Nifty Energy index rising 0.71 percent at 14,386.60 during mid-noon hours of trade, Friday.

All the sectoral spaces on the National Stock Exchange were trading in positive territory. Nifty Pharma, Media were also significantly higher.

Among power stocks, shares in Reliance Infrastructure (up 3.96%), Indian Oil Corp (up 2.88%), Hindustan Petroleum Corp (up 1.29%), Bharat Petroleum Corp (up 0.55%) and Tata Power (up 0.40%) were the top gainers in the index. Gail India and PowerGrid were also were trading with gains during the day.

Meantime, broader benchmark NSE Nifty50 index was trading higher 97 points at 10,877-levels while the BSE Sensex was up 324.48 points at 36,131.76. Among the fifty stocks in the Nifty index, 45 stocks were trading significantly higher, while 5 stocks were in negative note.

Sun Pharma, IOC, Zee Entertainment were among top gainers on the Nifty50 at this time, while Asian Paints and Infratel were losing most.

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