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

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

Voltamp Transformers Ltd.(up 8.74%), Transrail Lighting Ltd.(up 4.87%), Ravindra Energy Ltd.(up 3.49%), Kalpataru Projects International Ltd.(up 2.45%), GE Vernova T&D India Ltd.(up 1.78%), Power and Instrumentation(Gujarat)Ltd.(up 1.65%), Hitachi Energy India Ltd.(up 1.36%), PTC India Ltd.(up 1.12%), KEC International Ltd.(up 0.87%) and Torrent Power Ltd.(up 0.49%) stood among the top gainers.

Reliance Power Ltd.(down 4.98%), Suzlon Energy Ltd.(down 4.28%), RattanIndia Power Ltd.(down 2.87%), NLC India Ltd.(down 2.66%), ACME Solar Holdings Ltd.(down 2.58%), NHPC Ltd.(down 2.56%), Karma Energy Ltd.(down 2.37%), Inox Wind Ltd.(down 2.18%), Adani Energy Solutions Ltd.(down 2.10%) and Energy Development Company Ltd.(down 2.05%) were among the top losers of the day.

The NSE Nifty50 index ended 174.1 points down at 24542.5, while the 30-share BSE Sensex closed down 636.24 points at 80737.51.

Grasim Industries Ltd.(up 1.13%), Shriram Finance Ltd.(up 0.89%), Mahindra & Mahindra Ltd.(up 0.69%), Bajaj Auto Ltd.(up 0.59%), Cipla Ltd.(up 0.21%), Hindalco Industries Ltd.(up 0.15%) and Dr. Reddy’s Laboratories Ltd.(up 0.05%) stood among the top gainers in the Nifty pack.


On the other hand, Adani Ports & Special Economic Zone Ltd.(down 2.44%), Adani Enterprises Ltd.(down 1.91%), Bajaj Finserv Ltd.(down 1.83%), Coal India Ltd.(down 1.72%), Power Grid Corporation of India Ltd.(down 1.64%), Bajaj Finance Ltd.(down 1.53%), SBI Life Insurance Company Ltd.(down 1.51%), Apollo Hospitals Enterprise Ltd.(down 1.49%), IndusInd Bank Ltd.(down 1.46%) and Eternal Ltd.(down 1.46%) closed in the red.



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