The BSE Sensex and NSE Nifty closed lower for the fifth consecutive session on Monday due to weakening rupee, waning of rate cut hopes after higher-than-expected inflation for April.

The BSE Sensex and NSE Nifty stayed higher due to consistent buying interest in metals, banks and auto stocks. However, the fall in ITC, ONGC, TCS and BHEL has limited the upside.

The markets remained in the red for a major part of the week due to several factors like a weakening rupee, a disappointing March Index of Industrial Production, which contracted 3.5 per cent raising concerns over economic growth and plans to review ...

Chhattisgarh is one of the few States of India where Power sector is effectively developed. Based on the current production of surplus electric power, position of the State is comfortable and profitable.

The key triggers for improvement of the sector would be re-negotiation of power purchase agreements with the State Electricity Boards and making the fuel supply agreements more balanced.