Thursday, October 4, 2007
The power sector is red hot right now. This sector is set to reap the rewards of major reforms initiated in the country some time back. Current events like Reliance Energy coming up with an IPO of Reliance Power and the listing of Power Grid Corp will fuel the fire in Power Stocks. PTC and NTPC are going to set up Power Exchanges to trade power. Power Grid is expected to list around rupees 80. We may see a big rally in Power stocks like PTC, NTPC, Torrent Power etc. in the near future.