"Trading looks lucrative, but it is not easy to make money in trading because you have to deal with your emotions along with market volatility to make money and data tells that less than 10% of active traders make money. Trading requires a different mindset and skills; therefore, you should start it part-time to understand whether it is working for you or not and then gradually you can move to full-time trading."

Public sector banks are in investors’ focus with continuous improvement in asset quality and pick-up in advances.

During the September 6-7 visit, Prime Minister Narendra Modi and Hasina are expected to jointly inaugurate a 1,320 MW power plant worth about $1.5 billion. The coal-fired station is being set up by Bangladesh India Friendship Power Company Limited, a 50:50 joint venture between India's NTPC and Bangladesh Power Development Board.

If Torrent bags the deal, it would be the largest power sector buyout for the Ahmedabad-based utilities group, which had also bid for Anil Ambani's Mumbai power distribution business but lost out to Adani in 2020.

PFC Projects Ltd, an equal joint venture of Power Finance Corporation and REC Ltd, is likely to rope in technical or strategic investor partners to operate and maintain acquired stressed or non-performing assets next year.

The NSE Nifty index closed 39.15 points up at 17698.15

The NSE Nifty index was trading 13.0 points up at 17672.0

The NSE Nifty index was trading 5.95 points up at 17664.95

The withdrawal of the mandatory blending order indicates adequate stocks at power plants before the annual rise in coal demand post-monsoon when electricity demand picks up. Data showed 31 million tonnes of coal stock, including 2.5 million tonnes of imported coal, at power stations, among the highest in August any year.

The NSE Nifty index closed 124.25 points up at 17659.0

The NSE Nifty index closed 9.65 points up at 17534.75

State-owned NTPC is the project management consultant for ISA for setting up the project, an ISA statement said. The project is part of Cuba's plan to implement 2100 MW of solar projects, reducing the reliance on expensive and polluting diesel generators and increasing its green energy portfolio. It also includes building of 150 MW/150 MWh of storage to support grid reliability.

IEEFA's report notes that NTPC and Tata Power may be able to meet their capital requirements through traditional financing. However, if the RBI's recommendations are implemented the companies are likely to face rising financing costs. "Global investors are increasingly concerned about climate risk," says IEEFA report.

Carbon markets are increasingly the instrument of choice when it comes to market-based solutions for reducing emissions.

In a press statement, the companies said Ohmiums interlocking modular PEM electrolyzers provide a safer, modular, flexible, easy to install and maintain alternative to customized electrolyzers. The project will supply up to 52 tons of green hydrogen annually for the power generation and energy storage application.

India had made a commitment to generate 500 GW of power from non-fossil fuel sources by 2030 and reduce carbon emissions by one billion tonnes by the end of the decade at the COP26 conference, held in Glasgow in November last year.

ICICI Direct is bullish on NTPC has recommended buy rating on the stock with a target price of Rs 190 in its research report dated August 02, 2022.

The NSE Nifty index closed 6.15 points down at 17382.0