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


NEW DELHI: Power stocks were trading higher on Monday at 11:09AM

GE Power India Ltd.(up 12.31%), Reliance Power Ltd.(up 7.13%), Transformers & Rectifiers(India)Ltd.(up 3.48%), Transrail Lighting Ltd.(up 3.14%), Orient Green Power Company Ltd.(up 2.99%), GE Vernova T&D India Ltd.(up 2.53%), Energy Development Company Ltd.(up 1.92%), Adani Power Ltd.(up 1.79%), Voltamp Transformers Ltd.(up 1.72%) and JSW Energy Ltd.(up 1.52%) were among the top gainers.

Power and Instrumentation(Gujarat)Ltd.(down 5.01%), Ravindra Energy Ltd.(down 4.81%), Inox Wind Energy Ltd.(down 2.43%), Indowind Energy Ltd.(down 2.20%), Inox Wind Ltd.(down 2.13%), ACME Solar Holdings Ltd.(down 1.64%), NTPC Green Energy Ltd.(down 1.14%), NLC India Ltd.(down 0.87%), Kalpataru Projects International Ltd.(down 0.85%) and PTC India Ltd.(down 0.82%) were among the top losers.

The NSE Nifty50 index was trading 117.96 points down at 24632.75, while the 30-share BSE Sensex was down 424.56 points at 81026.45 at around 11:09AM.

Eternal Ltd.(up 1.86%), Apollo Hospitals Enterprise Ltd.(up 1.67%), Adani Ports & Special Economic Zone Ltd.(up 1.44%), Mahindra & Mahindra Ltd.(up 1.38%), Hindustan Unilever Ltd.(up 0.97%), Power Grid Corporation of India Ltd.(up 0.85%), Adani Enterprises Ltd.(up 0.81%), Tata Consumer Products Ltd.(up 0.79%), Coal India Ltd.(up 0.73%) and State Bank of India(up 0.49%) were among the top gainers in the Nifty pack.

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On the other hand, Hero MotoCorp Ltd.(down 2.28%), JSW Steel Ltd.(down 2.09%), Bajaj Auto Ltd.(down 2.04%), Titan Company Ltd.(down 1.92%), Tata Steel Ltd.(down 1.45%), UltraTech Cement Ltd.(down 1.32%), HDFC Bank Ltd.(down 1.27%), Tata Motors Ltd.(down 1.19%), Grasim Industries Ltd.(down 1.17%) and Reliance Industries Ltd.(down 1.08%) were trading in the red.



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