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


NEW DELHI: Power stocks were trading lower on Tuesday at 10:09AM

Reliance Power Ltd.(up 4.23%), RattanIndia Power Ltd.(up 2.94%), GE Power India Ltd.(up 2.68%), GMR Power and Urban Infra Ltd.(up 1.89%), GE Vernova T&D India Ltd.(up 0.98%), Energy Development Company Ltd.(up 0.80%), Torrent Power Ltd.(up 0.79%), KPI Green Energy Ltd.(up 0.68%), ACME Solar Holdings Ltd.(up 0.63%) and Inox Wind Ltd.(up 0.56%) were among the top gainers.

KKV Agro Powers Ltd.(down 4.38%), Jaiprakash Power Ventures Ltd.(down 3.11%), Power and Instrumentation(Gujarat)Ltd.(down 2.70%), Orient Green Power Company Ltd.(down 2.28%), Ravindra Energy Ltd.(down 2.23%), Jyoti Structures Ltd.(down 2.17%), India Power Corporation Ltd.(down 2.01%), Transrail Lighting Ltd.(down 1.69%), Gujarat Industries Power Company Ltd.(down 1.58%) and Indo Tech Transformers Ltd.(down 1.41%) were among the top losers.

The NSE Nifty50 index was trading 44.85 points up at 25148.05, while the 30-share BSE Sensex was up 100.19 points at 82545.4 at around 10:09AM.

Grasim Industries Ltd.(up 4.74%), IndusInd Bank Ltd.(up 2.02%), UltraTech Cement Ltd.(up 1.68%), Bharat Electronics Ltd.(up 1.53%), Tech Mahindra Ltd.(up 1.51%), Kotak Mahindra Bank Ltd.(up 1.44%), HCL Technologies Ltd.(up 1.19%), Adani Ports & Special Economic Zone Ltd.(up 1.01%), Tata Motors Ltd.(up 0.97%) and Dr. Reddy’s Laboratories Ltd.(up 0.91%) were among the top gainers in the Nifty pack.

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On the other hand, ICICI Bank Ltd.(down 1.04%), Asian Paints Ltd.(down 0.91%), Bajaj Finserv Ltd.(down 0.81%), Eternal Ltd.(down 0.64%), Bajaj Auto Ltd.(down 0.6%), SBI Life Insurance Company Ltd.(down 0.55%), HDFC Life Insurance Company Ltd.(down 0.42%), HDFC Bank Ltd.(down 0.33%), Hindustan Unilever Ltd.(down 0.3%) and Trent Ltd.(down 0.21%) were trading in the red.



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