Power stocks gain after Arvind Kejriwal quits as Delhi CM

Shares of power companies gained after activist-turned-politician Arvind Kejriwal resigned as chief minister of Delhi on Friday, frustrated by obstacles put in the way of an anti-corruption bill. Reliance Infrastructure rose 0.4 per cent, while Tata Power Company traded up 2.6 per cent. Kejriwal was elected in part on a promise of lowering electricity tariffs for millions of Delhi's voters and in December had asked the state ...