Stock market update: Power stocks down as market falls

Stock market update: Power stocks down as market falls

NEW DELHI: Power shares closed lower in the Thursday’s session.

Transmission(up 1.69%), Jaiprakash Power Ventures(up 1.30%), NLC India(up 1.18%), NHPC(up 1.07%), Reliance Power(up 0.92%), Energy Development Company(up 0.84%), PTC India(up 0.59%), KEC International(up 0.47%) and Indo Tech Transformers(up 0.24%) stood among the top gainers.

Inox Wind Energy(down 3.40%), Inox wind(down 3.00%), Karma Energy(down 2.94%), Jyoti Structures(down 2.85%), Adani Power(down 2.79%), JSW Energy(down 2.73%), Suzlon Energy(down 2.16%), Adani Transmissions(down 2.10%), Voltamp Transformers(down 2.00%) and Indowind Energy(down 1.86%) were among the top losers of the day.

The NSE Nifty50 index ended 109.25 points down at 17014.35, while the 30-share BSE Sensex closed down 390.58 points at 57235.33.

HCL Technologies(up 3.16%), Sun Pharmaceutical Industries(up 1.34%), Coal India(up 1.06%), Tata Motors(up 0.62%), Britannia Industries(up 0.57%), Grasim Industries(up 0.48%), Eicher Motors(up 0.38%), Hindalco Industries(up 0.34%), Dr Reddys Laboratories(up 0.32%) and Reliance Industries(up 0.32%) stood among the top gainers in the Nifty pack.

On the other hand, Wipro(down 7.07%), Adani Ports & Special Economic Zone(down 2.38%), State Bank of India(down 2.31%), SBI Life(down 2.0%), Larsen & Toubro(down 1.84%), ICICI Bank(down 1.7%), UPL Ltd(down 1.44%), Asian Paints(down 1.21%), HDFC Bank(down 1.15%) and Oil & Natural Gas Corporation(down 1.14%) closed in the red.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com 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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