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


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

KKV Agro Powers Ltd.(up 4.96%), Adani Power Ltd.(up 3.80%), Voltamp Transformers Ltd.(up 3.41%), NTPC Ltd.(up 1.91%), JSW Energy Ltd.(up 1.83%), Adani Energy Solutions Ltd.(up 1.72%), Energy Development Company Ltd.(up 1.35%), Adani Green Energy Ltd.(up 1.12%), Power Grid Corporation of India Ltd.(up 1.06%) and KEC International Ltd.(up 0.69%) stood among the top gainers.

Karma Energy Ltd.(down 2.89%), GE Power India Ltd.(down 2.19%), Jyoti Structures Ltd.(down 2.16%), GE Vernova T&D India Ltd.(down 2.05%), Ravindra Energy Ltd.(down 1.80%), Hitachi Energy India Ltd.(down 1.00%), Inox Wind Ltd.(down 0.84%), Indo Tech Transformers Ltd.(down 0.80%), SJVN Ltd.(down 0.79%) and GMR Power and Urban Infra Ltd.(down 0.77%) were among the top losers of the day.

The NSE Nifty50 index ended 304.25 points up at 25549.0, while the 30-share BSE Sensex closed up 1000.36 points at 83755.87.

Shriram Finance Ltd.(up 4.17%), Jio Financial Services Ltd.(up 3.04%), Hindalco Industries Ltd.(up 2.67%), Tata Steel Ltd.(up 2.66%), Adani Ports & Special Economic Zone Ltd.(up 2.6%), Bajaj Finance Ltd.(up 2.54%), Bharti Airtel Ltd.(up 2.48%), Eternal Ltd.(up 2.45%), Adani Enterprises Ltd.(up 2.34%) and HDFC Bank Ltd.(up 2.11%) stood among the top gainers in the Nifty pack.


On the other hand, Dr. Reddy’s Laboratories Ltd.(down 1.5%), Tech Mahindra Ltd.(down 0.87%), Hero MotoCorp Ltd.(down 0.54%), Maruti Suzuki India Ltd.(down 0.41%), State Bank of India(down 0.38%), Wipro Ltd.(down 0.34%), Trent Ltd.(down 0.29%) and Tata Consultancy Services Ltd.(down 0.09%) closed in the red.



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