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

Power and Instrumentation(Gujarat)Ltd.(up 5.00%), KKV Agro Powers Ltd.(up 4.98%), SJVN Ltd.(up 3.84%), GE Vernova T&D India Ltd.(up 2.65%), Voltamp Transformers Ltd.(up 2.38%), Power Grid Corporation of India Ltd.(up 1.98%), Indo Tech Transformers Ltd.(up 1.22%), NTPC Green Energy Ltd.(up 1.08%), Gujarat Industries Power Company Ltd.(up 1.06%) and Indowind Energy Ltd.(up 0.96%) stood among the top gainers.

Transrail Lighting Ltd.(down 2.34%), Kalpataru Projects International Ltd.(down 1.72%), Ravindra Energy Ltd.(down 1.55%), Hitachi Energy India Ltd.(down 1.45%), CESC Ltd.(down 1.38%), GE Power India Ltd.(down 1.35%), KEC International Ltd.(down 1.19%), Energy Development Company Ltd.(down 0.62%), Transformers & Rectifiers(India)Ltd.(down 0.62%) and Torrent Power Ltd.(down 0.61%) were among the top losers of the day.

The NSE Nifty50 index ended 130.71 points up at 24750.9, while the 30-share BSE Sensex closed up 443.79 points at 81442.04.

Eternal Ltd.(up 4.43%), Dr. Reddy’s Laboratories Ltd.(up 3.1%), Trent Ltd.(up 3.03%), Power Grid Corporation of India Ltd.(up 1.98%), ICICI Bank Ltd.(up 1.67%), Shriram Finance Ltd.(up 1.6%), Adani Ports & Special Economic Zone Ltd.(up 1.43%), Reliance Industries Ltd.(up 1.33%), Cipla Ltd.(up 1.22%) and UltraTech Cement Ltd.(up 1.15%) stood among the top gainers in the Nifty pack.

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On the other hand, IndusInd Bank Ltd.(down 1.37%), Tata Consumer Products Ltd.(down 1.12%), Axis Bank Ltd.(down 1.03%), Bajaj Finserv Ltd.(down 0.62%), Bajaj Finance Ltd.(down 0.59%), Hero MotoCorp Ltd.(down 0.52%), Mahindra & Mahindra Ltd.(down 0.39%), Kotak Mahindra Bank Ltd.(down 0.32%), Maruti Suzuki India Ltd.(down 0.31%) and Tata Consultancy Services Ltd.(down 0.29%) closed in the red.