Finace And Stock

Stock market update: Power stocks up as market falls

NEW DELHI: Power shares closed lower in the Wednesday’s session.

PTC India(up 13.13%), Tata Power Company(up 8.25%), NTPC(up 6.59%), Power Grid Corporation of India(up 6.03%), NLC India(up 5.81%), CESC(up 5.29%), JSW Energy(up 4.98%), Gujarat Industries Power(up 4.78%), RTNPOWER(up 4.76%) and Jaiprakash Power Ventures(up 4.76%) stood among the top gainers.

Jyoti Structures(down 2.88%), Adani Transmissions(down 1.25%), Karma Energy(down 1.10%), KEC International(down 0.88%), K.P.I. Global Infras(down 0.87%), Voltamp Transformers(down 0.65%) and ADANIGREEN(down 0.51%) were among the top losers of the day.

The NSE Nifty50 index ended 37.3 points down at 17711.3, while the 30-share BSE Sensex closed down 254.33 points at 59413.27.

NTPC(up 6.59%), Coal India(up 6.39%), Power Grid Corporation of India(up 6.03%), Sun Pharmaceutical Industries(up 4.67%), Indian Oil Corporation(up 3.66%), State Bank of India(up 3.39%), Hindalco Industries(up 3.35%), JSW Steel(up 2.87%), Oil & Natural Gas Corporation(up 1.79%) and Cipla(up 1.71%) stood among the top gainers in the Nifty pack.

On the other hand, HDFC(down 2.09%), Kotak Mahindra Bank(down 1.83%), Asian Paints(down 1.68%), UltraTech Cement(down 1.63%), Hindustan Unilever(down 1.42%), Eicher Motors(down 1.38%), Tech Mahindra(down 1.32%), HDFC Bank(down 1.31%), Hero MotoCorp(down 1.18%) and ICICI Bank(down 1.07%) closed in the red.

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