Stock market update: Power stocks up as market falls
Transformers and Rectifiers(India)(up 6.08%), Jaiprakash Power Ventures(up 5.48%), Alstom T&D India(up 4.99%), Indo Tech Transformers(up 4.99%), Suzlon Energy(up 4.62%), JSW Energy(up 3.79%), SJVN(up 3.12%), Tata Power Company(up 2.17%), DPSC(up 1.75%) and GE Power India Limited(up 1.55%) were among the top gainers. Karma Energy(down 4.32%), Inox wind(down 3.06%), Indowind Energy(down 2.78%), Reliance Power(down 2.74%), Inox Wind Energy(down 2.13%), NLC India(down 0.75%), Gujarat Industries Power(down 0.21%) and NHPC(down 0.10%) were among the top losers.
The NSE Nifty50 index was trading 20.4 points down at 19612.15, while the 30-share BSE Sensex was down 54.64 points at 65941.17 at around 10:14AM. Adani Enterprises(up 1.33%), IndusInd Bank(up 1.3%), Adani Ports & Special Economic Zone(up 0.98%), Mahindra & Mahindra(up 0.86%), NTPC(up 0.82%), Bharat Petroleum Corporation(up 0.75%), Power Grid Corporation of India(up 0.64%), UltraTech Cement(up 0.59%), Oil & Natural Gas Corporation(up 0.57%) and Coal India(up 0.55%) were among the top gainers in the Nifty pack.
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