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


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

Karma Energy Ltd.(up 20.00%), Energy Development Company Ltd.(up 5.40%), Ravindra Energy Ltd.(up 1.41%) and Power and Instrumentation(Gujarat)Ltd.(up 0.74%) stood among the top gainers.

RattanIndia Power Ltd.(down 8.08%), Indowind Energy Ltd.(down 5.61%), Inox Wind Ltd.(down 4.54%), Inox Wind Energy Ltd.(down 4.51%), GE Power India Ltd.(down 4.35%), KPI Green Energy Ltd.(down 4.05%), Orient Green Power Company Ltd.(down 3.64%), ACME Solar Holdings Ltd.(down 3.62%), JSW Energy Ltd.(down 3.50%) and CESC Ltd.(down 3.40%) were among the top losers of the day.

The NSE Nifty50 index ended 253.21 points down at 24888.2, while the 30-share BSE Sensex closed down 823.16 points at 81691.98.

Apollo Hospitals Enterprise Ltd.(up 1.0%), Dr. Reddy’s Laboratories Ltd.(up 0.86%), Bajaj Finserv Ltd.(up 0.79%), Asian Paints Ltd.(up 0.48%), Tech Mahindra Ltd.(up 0.43%), Wipro Ltd.(up 0.27%) and Oil And Natural Gas Corporation Ltd.(up 0.23%) stood among the top gainers in the Nifty pack.

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On the other hand, Tata Motors Ltd.(down 2.86%), Shriram Finance Ltd.(down 2.63%), Trent Ltd.(down 2.58%), Titan Company Ltd.(down 2.52%), Coal India Ltd.(down 2.34%), Tata Steel Ltd.(down 2.26%), Larsen & Toubro Ltd.(down 2.2%), Jio Financial Services Ltd.(down 2.2%), Power Grid Corporation of India Ltd.(down 2.19%) and Eternal Ltd.(down 2.15%) closed in the red.



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