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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 Friday’s session.

Hitachi Energy India Ltd.(up 4.38%), Voltamp Transformers Ltd.(up 1.41%), PTC India Ltd.(up 1.16%), Torrent Power Ltd.(up 1.08%), Adani Power Ltd.(up 0.67%), GE Vernova T&D India Ltd.(up 0.61%), ACME Solar Holdings Ltd.(up 0.52%) and RattanIndia Power Ltd.(up 0.08%) stood among the top gainers.

Energy Development Company Ltd.(down 9.41%), KKV Agro Powers Ltd.(down 5.00%), Reliance Power Ltd.(down 3.83%), Adani Green Energy Ltd.(down 2.59%), Power and Instrumentation(Gujarat)Ltd.(down 2.49%), India Power Corporation Ltd.(down 2.37%), Inox Wind Ltd.(down 2.32%), Transrail Lighting Ltd.(down 2.26%), Indowind Energy Ltd.(down 2.22%) and GMR Power and Urban Infra Ltd.(down 2.20%) were among the top losers of the day.

The NSE Nifty50 index ended 169.61 points down at 24718.6, while the 30-share BSE Sensex closed down 573.38 points at 81118.6.

Bharat Electronics Ltd.(up 1.76%), Oil And Natural Gas Corporation Ltd.(up 1.47%), Tech Mahindra Ltd.(up 0.89%), Tata Consultancy Services Ltd.(up 0.34%), Wipro Ltd.(up 0.24%), Cipla Ltd.(up 0.16%), Maruti Suzuki India Ltd.(up 0.15%), Eicher Motors Ltd.(up 0.07%) and Sun Pharmaceutical Industries Ltd.(up 0.03%) stood among the top gainers in the Nifty pack.


On the other hand, Adani Ports & Special Economic Zone Ltd.(down 2.83%), State Bank of India(down 1.69%), ITC Ltd.(down 1.69%), IndusInd Bank Ltd.(down 1.58%), Hindalco Industries Ltd.(down 1.43%), Adani Enterprises Ltd.(down 1.41%), HDFC Bank Ltd.(down 1.33%), Power Grid Corporation of India Ltd.(down 1.22%), Bajaj Auto Ltd.(down 1.21%) and Eternal Ltd.(down 0.99%) closed in the red.



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