Market

Stock market update: Power stocks down as market falls



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

Power and Instrumentation(Gujarat)Ltd.(up 5.00%), Transformers & Rectifiers(India)Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), Energy Development Company Ltd.(up 4.97%), Neueon Towers Ltd.(up 4.84%), GE Vernova T&D India Ltd.(up 4.78%), Suzlon Energy Ltd.(up 4.46%), GE Power India Ltd.(up 4.07%), KPI Green Energy Ltd.(up 3.43%) and Voltamp Transformers Ltd.(up 2.25%) stood among the top gainers.

Reliance Power Ltd.(down 5.01%), Adani Power Ltd.(down 4.06%), Hitachi Energy India Ltd.(down 3.32%), Indowind Energy Ltd.(down 3.20%), Jyoti Structures Ltd.(down 2.92%), JSW Energy Ltd.(down 2.63%), RattanIndia Power Ltd.(down 2.62%), Karma Energy Ltd.(down 2.60%), Adani Green Energy Ltd.(down 2.24%) and CESC Ltd.(down 2.22%) were among the top losers of the day.

The NSE Nifty50 index ended 78.91 points at 23453.8, while the 30-share BSE Sensex closed down 241.3 points at 77339.01.

Hindalco Industries Ltd.(up 3.78%), Hero MotoCorp Ltd.(up 2.81%), Tata Steel Ltd.(up 2.35%), Hindustan Unilever Ltd.(up 1.42%), Mahindra & Mahindra Ltd.(up 1.42%), Nestle India Ltd.(up 1.4%), State Bank of India(up 1.25%), Adani Ports & Special Economic Zone Ltd.(up 1.17%), JSW Steel Ltd.(up 1.16%) and Shriram Finance Ltd.(up 0.91%) stood among the top gainers in the Nifty pack.

On the other hand, Tata Consultancy Services Ltd.(down 3.05%), Bharat Petroleum Corporation Ltd.(down 3.02%), Infosys Ltd.(down 2.85%), Dr. Reddy’s Laboratories Ltd.(down 2.71%), LTIMindtree Ltd.(down 2.56%), Wipro Ltd.(down 2.45%), Cipla Ltd.(down 2.31%), Apollo Hospitals Enterprise Ltd.(down 1.74%), Tech Mahindra Ltd.(down 1.59%) and NTPC Ltd.(down 1.56%) closed in the red.



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