Stock market update: Power stocks up as market falls

Stock market update: Power stocks up as market falls thumbnail

NEW DELHI: Power stocks were trading higher on Wednesday at 10:30AM

Adani Power(up 5.00%), Indowind Energy(up 4.81%), Karma Energy(up 3.49%), Gujarat Industries Power(up 2.52%), Inox Wind Energy(up 2.12%), DPSC(up 1.95%), Adani Transmissions(up 1.69%), NHPC(up 1.40%), Jaiprakash Power Ventures(up 1.36%) and Reliance Power(up 1.35%) were among the top gainers.

Jyoti Structures(down 3.33%), Indo Tech Transformers(down 1.63%),

Transmission(down 0.98%), Orient Green Power Company(down 0.88%), SJVN(down 0.87%), KEC International(down 0.82%), Inox wind(down 0.55%), NLC India(down 0.42%) and Energy Development Company(down 0.26%) were among the top losers.

The NSE Nifty50 index was trading 31.3 points down at 18101.0, while the 30-share BSE Sensex was down 106.63 points at 60820.8 at around 10:30AM.

Titan Company Ltd(up 2.51%), UPL Ltd(up 1.64%), Power Grid Corporation of India(up 1.29%), Maruti Suzuki(up 1.18%), Coal India(up 0.97%), Mahindra & Mahindra(up 0.88%), NTPC(up 0.82%), Sun Pharmaceutical Industries(up 0.57%), IndusInd Bank(up 0.55%) and Asian Paints(up 0.43%) were among the top gainers in the Nifty pack.

On the other hand, Bajaj Finserv(down 1.43%), Oil & Natural Gas Corporation(down 1.24%), Bharat Petroleum Corporation(down 0.94%), Bajaj Auto(down 0.9%), Infosys(down 0.86%), Bharti Airtel(down 0.79%), Adani Ports & Special Economic Zone(down 0.77%), Reliance Industries(down 0.73%), Hindalco Industries(down 0.64%) and JSW Steel(down 0.57%) were trading in the red.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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