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


NEW DELHI: Power stocks were trading lower on Friday at 10:14AM

GE Vernova T&D India Ltd.(up 1.63%), PTC India Ltd.(up 1.52%), Torrent Power Ltd.(up 0.94%), Hitachi Energy India Ltd.(up 0.78%), Karma Energy Ltd.(up 0.51%) and GE Power India Ltd.(up 0.08%) were among the top gainers.

Energy Development Company Ltd.(down 8.41%), Power and Instrumentation(Gujarat)Ltd.(down 3.04%), Reliance Power Ltd.(down 2.34%), India Power Corporation Ltd.(down 2.01%), RattanIndia Power Ltd.(down 2.00%), Indo Tech Transformers Ltd.(down 1.68%), Adani Green Energy Ltd.(down 1.67%), GMR Power and Urban Infra Ltd.(down 1.61%), Inox Wind Ltd.(down 1.54%) and JSW Energy Ltd.(down 1.37%) were among the top losers.

The NSE Nifty50 index was trading 245.71 points down at 24642.5, while the 30-share BSE Sensex was down 825.55 points at 80866.43 at around 10:14AM.

Bharat Electronics Ltd.(up 2.12%), Oil And Natural Gas Corporation Ltd.(up 0.92%) and Tech Mahindra Ltd.(up 0.11%) were among the top gainers in the Nifty pack.

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On the other hand, Adani Ports & Special Economic Zone Ltd.(down 2.39%), Kotak Mahindra Bank Ltd.(down 1.78%), Shriram Finance Ltd.(down 1.73%), Reliance Industries Ltd.(down 1.72%), Bajaj Finserv Ltd.(down 1.66%), State Bank of India(down 1.64%), Trent Ltd.(down 1.62%), UltraTech Cement Ltd.(down 1.59%), Bajaj Auto Ltd.(down 1.47%) and Power Grid Corporation of India Ltd.(down 1.39%) were trading in the red.



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