Stock market update: Power stocks up as market falls
Power and Instrumentation(Gujarat)Ltd.(up 5.00%), Voltamp Transformers Ltd.(up 4.76%), India Power Corporation Ltd.(up 3.66%), Inox Wind Energy Ltd.(up 2.84%), NTPC Ltd.(up 2.43%), Tata Power Company Ltd.(up 2.40%), SJVN Ltd.(up 2.33%), Power Grid Corporation of India Ltd.(up 1.93%), RattanIndia Power Ltd.(up 1.58%) and Transformers & Rectifiers(India)Ltd.(up 1.55%) stood among the top gainers.
Neueon Towers Ltd.(down 5.04%), Karma Energy Ltd.(down 5.01%), KPI Green Energy Ltd.(down 5.00%), KKV Agro Powers Ltd.(down 5.00%), Indowind Energy Ltd.(down 4.80%), GE T&D India Ltd.(down 4.08%), Energy Development Company Ltd.(down 2.98%), GE Power India Ltd.(down 2.82%), Inox Wind Ltd.(down 2.54%) and Kalpataru Projects International Ltd.(down 1.52%) were among the top losers of the day.
The NSE Nifty50 index ended 21.66 points down at 24509.25, while the 30-share BSE Sensex closed down 102.57 points at 80502.08.
Grasim Industries Ltd.(up 2.5%), NTPC Ltd.(up 2.43%), UltraTech Cement Ltd.(up 2.29%), HDFC Bank Ltd.(up 2.2%), Dr. Reddy's Laboratories Ltd.(up 2.04%), Mahindra & Mahindra Ltd.(up 2.02%), Power Grid Corporation of India Ltd.(up 1.93%), Tata Steel Ltd.(up 1.62%), Bharat Petroleum Corporation Ltd.(up 1.47%) and Tata Consumer Products Ltd.(up 1.42%) stood among the top gainers in the Nifty pack.
On the other hand, Wipro Ltd.(down 9.23%), Kotak Mahindra Bank Ltd.(down 3.52%), Reliance Industries Ltd.(down 3.51%), ITC Ltd.(down 1.69%), SBI Life Insurance Company Ltd.(down 1.62%), State Bank of India(down 1.42%),
