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

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NEW DELHI: Power stocks were trading higher on Wednesday at 10:45AM

KKV Agro Powers Ltd.(up 5.00%), India Power Corporation Ltd.(up 1.61%), GE Vernova T&D India Ltd.(up 1.33%), JSW Energy Ltd.(up 1.14%), KEC International Ltd.(up 0.91%), GMR Power and Urban Infra Ltd.(up 0.88%), Voltamp Transformers Ltd.(up 0.86%), GE Power India Ltd.(up 0.85%), RattanIndia Power Ltd.(up 0.76%) and CESC Ltd.(up 0.74%) were among the top gainers.

Energy Development Company Ltd.(down 2.58%), NHPC Ltd.(down 1.39%), Reliance Power Ltd.(down 1.31%), Hitachi Energy India Ltd.(down 1.29%), Kalpataru Projects International Ltd.(down 1.24%), Power and Instrumentation(Gujarat)Ltd.(down 1.03%), PTC India Ltd.(down 0.77%), Power Grid Corporation of India Ltd.(down 0.51%), Gujarat Industries Power Company Ltd.(down 0.45%) and NTPC Ltd.(down 0.44%) were among the top losers.

The NSE Nifty50 index was trading 18.35 points up at 24871.75, while the 30-share BSE Sensex was up 16.1 points at 81599.4 at around 10:45AM.

IndusInd Bank Ltd.(up 4.32%), Trent Ltd.(up 1.8%), Maruti Suzuki India Ltd.(up 1.47%), Mahindra & Mahindra Ltd.(up 1.44%), Eicher Motors Ltd.(up 1.02%), Bajaj Auto Ltd.(up 0.92%), Hindalco Industries Ltd.(up 0.79%), Hero MotoCorp Ltd.(up 0.73%), Bharti Airtel Ltd.(up 0.55%) and Eternal Ltd.(up 0.55%) were among the top gainers in the Nifty pack.


On the other hand, Adani Ports & Special Economic Zone Ltd.(down 0.95%), Tata Consultancy Services Ltd.(down 0.94%), Infosys Ltd.(down 0.76%), JSW Steel Ltd.(down 0.74%), Kotak Mahindra Bank Ltd.(down 0.69%), Nestle India Ltd.(down 0.66%), HDFC Life Insurance Company Ltd.(down 0.65%), Power Grid Corporation of India Ltd.(down 0.52%), Adani Enterprises Ltd.(down 0.46%) and Hindustan Unilever Ltd.(down 0.45%) were trading in the red.



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