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Infra Index Soars: Power Grid Leads Charge
2 Feb
Summary
- Nifty Infrastructure index surged 2.26% to 9125.25 today.
- Power Grid Corporation of India Ltd. saw a significant 7.58% jump.
- The index has gained 11.00% over the past year.
The Nifty Infrastructure index concluded the trading day with a significant increase of 2.26%, reaching a value of 9125.25. This positive movement comes after a 7.00% decline over the last month.
Leading the gains within the index was Power Grid Corporation of India Ltd., which saw a substantial rise of 7.58%. Hindustan Petroleum Corporation Ltd. and Bharat Forge Ltd. also contributed to the upward trend, gaining 5.05% and 4.80% respectively.
Over a one-year period, the Nifty Infrastructure index has demonstrated robust growth, increasing by 11.00%. This performance surpasses the benchmark Nifty 50 index, which recorded an 11.00% gain over the same timeframe. In other market movements, the Nifty Auto index rose by 2.13% and the Nifty PSE index by 2.04%.
