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


NEW DELHI: Power stocks were trading higher on Wednesday at 10:18AM

Indo Tech Transformers Ltd.(up 5.00%), Transformers & Rectifiers(India)Ltd.(up 3.99%), GE T&D India Ltd.(up 2.99%), Adani Energy Solutions Ltd.(up 1.63%), Suzlon Energy Ltd.(up 1.57%), Inox Wind Ltd.(up 1.56%), Jaiprakash Power Ventures Ltd.(up 0.85%), Gujarat Industries Power Company Ltd.(up 0.78%), JSW Energy Ltd.(up 0.67%) and Energy Development Company Ltd.(up 0.66%) were among the top gainers.

Ravindra Energy Ltd.(down 1.70%), Voltamp Transformers Ltd.(down 1.61%), Indowind Energy Ltd.(down 1.15%), PTC India Ltd.(down 1.08%), KEC International Ltd.(down 1.04%), Reliance Power Ltd.(down 0.77%), Jyoti Structures Ltd.(down 0.55%), NHPC Ltd.(down 0.50%), Adani Green Energy Ltd.(down 0.40%) and Karma Energy Ltd.(down 0.34%) were among the top losers.

The NSE Nifty50 index was trading 13.71 points up at 25071.05, while the 30-share BSE Sensex was up 33.76 points at 81853.88 at around 10:18AM.

Hindalco Industries Ltd.(up 1.5%), HDFC Life Insurance Company Ltd.(up 1.35%), SBI Life Insurance Company Ltd.(up 1.31%), Bharat Petroleum Corporation Ltd.(up 1.02%), Wipro Ltd.(up 1.01%), Dr. Reddy’s Laboratories Ltd.(up 1.0%), HDFC Bank Ltd.(up 0.94%), Grasim Industries Ltd.(up 0.89%), Asian Paints Ltd.(up 0.88%) and Sun Pharmaceutical Industries Ltd.(up 0.8%) were among the top gainers in the Nifty pack.

On the other hand, Mahindra & Mahindra Ltd.(down 1.66%), Nestle India Ltd.(down 1.61%), Hero MotoCorp Ltd.(down 1.22%), IndusInd Bank Ltd.(down 1.16%), Eicher Motors Ltd.(down 1.09%), UltraTech Cement Ltd.(down 0.67%), Titan Company Ltd.(down 0.66%), Bajaj Auto Ltd.(down 0.64%), Kotak Mahindra Bank Ltd.(down 0.55%) and Maruti Suzuki India Ltd.(down 0.54%) were trading in the red.



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