Stock market update: Power stocks down as market falls
India Power Corporation Ltd.(up 9.08%), Reliance Power Ltd.(up 5.00%), Ravindra Energy Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), KPI Green Energy Ltd.(up 4.30%), Power Grid Corporation of India Ltd.(up 4.22%), Hitachi Energy India Ltd.(up 2.87%), KEC International Ltd.(up 2.05%), Gujarat Industries Power Company Ltd.(up 1.64%) and CESC Ltd.(up 1.59%) were among the top gainers.
Power and Instrumentation(Gujarat)Ltd.(down 1.92%), Karma Energy Ltd.(down 1.82%), Transformers & Rectifiers(India)Ltd.(down 1.55%), Indowind Energy Ltd.(down 1.46%), Tata Power Company Ltd.(down 1.37%), Torrent Power Ltd.(down 1.29%), Inox Wind Energy Ltd.(down 1.16%), SJVN Ltd.(down 1.16%), Suzlon Energy Ltd.(down 1.14%) and Energy Development Company Ltd.(down 1.03%) were among the top losers.
The NSE Nifty50 index was trading 24.36 points down at 25916.05, while the 30-share BSE Sensex was down 38.56 points at 84875.48 at around 10:33AM.
Power Grid Corporation of India Ltd.(up 4.2%), Divi's Laboratories Ltd.(up 1.26%), Mahindra & Mahindra Ltd.(up 1.05%), HDFC Bank Ltd.(up 0.94%), Bajaj Finance Ltd.(up 0.69%), Axis Bank Ltd.(up 0.65%), Hindalco Industries Ltd.(up 0.51%), Oil And Natural Gas Corporation Ltd.(up 0.51%), ICICI Bank Ltd.(up 0.34%) and NTPC Ltd.(up 0.3%) were among the top gainers in the Nifty pack.
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