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


NEW DELHI: Power stocks were trading higher on Wednesday at 10:19AM

KPI Green Energy Ltd.(up 2.31%), Energy Development Company Ltd.(up 1.62%), GE Vernova T&D India Ltd.(up 1.30%), Adani Green Energy Ltd.(up 1.26%), Tata Power Company Ltd.(up 1.24%), India Power Corporation Ltd.(up 1.23%), Torrent Power Ltd.(up 1.01%), Gujarat Industries Power Company Ltd.(up 0.91%), PTC India Ltd.(up 0.87%) and Reliance Power Ltd.(up 0.72%) were among the top gainers.

Jaiprakash Power Ventures Ltd.(down 4.04%), Power and Instrumentation(Gujarat)Ltd.(down 2.01%), Transrail Lighting Ltd.(down 1.66%), Jyoti Structures Ltd.(down 1.23%), Kalpataru Projects International Ltd.(down 1.06%), Inox Wind Ltd.(down 0.77%), KEC International Ltd.(down 0.72%), Voltamp Transformers Ltd.(down 0.70%), CESC Ltd.(down 0.61%) and GMR Power and Urban Infra Ltd.(down 0.45%) were among the top losers.

The NSE Nifty50 index was trading 58.8 points down at 25137.0, while the 30-share BSE Sensex was down 159.83 points at 82411.08 at around 10:19AM.

Adani Ports & Special Economic Zone Ltd.(up 1.93%), HDFC Life Insurance Company Ltd.(up 1.08%), Wipro Ltd.(up 1.05%), Nestle India Ltd.(up 0.88%), HDFC Bank Ltd.(up 0.73%), Adani Enterprises Ltd.(up 0.59%), Infosys Ltd.(up 0.53%), Tech Mahindra Ltd.(up 0.5%), Apollo Hospitals Enterprise Ltd.(up 0.43%) and SBI Life Insurance Company Ltd.(up 0.42%) were among the top gainers in the Nifty pack.


On the other hand, Shriram Finance Ltd.(down 2.37%), Hero MotoCorp Ltd.(down 1.59%), Eternal Ltd.(down 1.41%), Bajaj Auto Ltd.(down 1.3%), Cipla Ltd.(down 1.17%), Kotak Mahindra Bank Ltd.(down 1.12%), Tata Consumer Products Ltd.(down 1.11%), Tata Steel Ltd.(down 1.08%), JSW Steel Ltd.(down 1.04%) and Mahindra & Mahindra Ltd.(down 0.92%) were trading in the red.



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