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Stock Market Sectors: Stock market update: Power stocks down as market rises


NEW DELHI: Power shares closed higher in the Thursday’s session.

Hitachi Energy India Ltd.(up 7.27%), Suzlon Energy Ltd.(up 5.00%), Torrent Power Ltd.(up 3.24%), Adani Power Ltd.(up 2.88%), Jaiprakash Power Ventures Ltd.(up 2.33%), JSW Energy Ltd.(up 1.32%), Karma Energy Ltd.(up 1.25%), Adani Green Energy Ltd.(up 1.20%), Adani Energy Solutions Ltd.(up 1.17%) and Inox Wind Ltd.(up 0.86%) stood among the top gainers.

GE Power India Ltd.(down 9.02%), GE T&D India Ltd.(down 4.70%), Indo Tech Transformers Ltd.(down 3.58%), Transformers & Rectifiers(India)Ltd.(down 2.38%), Power and Instrumentation(Gujarat)Ltd.(down 1.98%), Voltamp Transformers Ltd.(down 1.84%), KEC International Ltd.(down 1.82%), Power Grid Corporation of India Ltd.(down 1.80%), Gujarat Industries Power Company Ltd.(down 1.54%) and Indowind Energy Ltd.(down 1.33%) were among the top losers of the day.

The NSE Nifty50 index ended 369.86 points up at 22967.65, while the 30-share BSE Sensex closed up 1196.98 points at 75418.04.

Adani Enterprises Ltd.(up 7.85%), Adani Ports & Special Economic Zone Ltd.(up 4.73%), Larsen & Toubro Ltd.(up 3.6%), Mahindra & Mahindra Ltd.(up 3.5%), Axis Bank Ltd.(up 3.49%), Eicher Motors Ltd.(up 3.36%), Maruti Suzuki India Ltd.(up 3.23%), Hero MotoCorp Ltd.(up 2.99%), UltraTech Cement Ltd.(up 2.79%) and Shriram Finance Ltd.(up 2.73%) stood among the top gainers in the Nifty pack. On the other hand, Sun Pharmaceutical Industries Ltd.(down 2.88%), Power Grid Corporation of India Ltd.(down 1.8%), Hindalco Industries Ltd.(down 1.14%), Coal India Ltd.(down 0.88%), NTPC Ltd.(down 0.42%) and Tata Consumer Products Ltd.(down 0.22%) closed in the red.



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