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


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

RattanIndia Power Ltd.(up 8.95%), NTPC Green Energy Ltd.(up 6.01%), Energy Development Company Ltd.(up 4.20%), Power and Instrumentation(Gujarat)Ltd.(up 4.10%), Transformers & Rectifiers(India)Ltd.(up 3.98%), JSW Energy Ltd.(up 3.91%), SJVN Ltd.(up 3.87%), Indowind Energy Ltd.(up 3.16%), Inox Wind Ltd.(up 2.76%) and Power Grid Corporation of India Ltd.(up 2.33%) stood among the top gainers.

Karma Energy Ltd.(down 5.01%), Kalpataru Projects International Ltd.(down 2.69%), Voltamp Transformers Ltd.(down 1.68%), Adani Power Ltd.(down 1.17%), KKV Agro Powers Ltd.(down 0.16%) and Ravindra Energy Ltd.(down 0.13%) were among the top losers of the day.

The NSE Nifty50 index ended 319.16 points up at 25112.4, while the 30-share BSE Sensex closed up 1046.3 points at 82408.17.

Jio Financial Services Ltd.(up 3.58%), Bharti Airtel Ltd.(up 3.19%), Trent Ltd.(up 3.05%), Mahindra & Mahindra Ltd.(up 2.9%), Bharat Electronics Ltd.(up 2.44%), Power Grid Corporation of India Ltd.(up 2.33%), Reliance Industries Ltd.(up 2.3%), HDFC Life Insurance Company Ltd.(up 2.25%), Shriram Finance Ltd.(up 2.17%) and Nestle India Ltd.(up 1.79%) stood among the top gainers in the Nifty pack.

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On the other hand, Bajaj Auto Ltd.(down 1.48%), Hero MotoCorp Ltd.(down 1.05%), Maruti Suzuki India Ltd.(down 0.12%) and Dr. Reddy’s Laboratories Ltd.(down 0.07%) closed in the red.



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