Stock market update: Power stocks down as market falls

Stock market update: Power stocks down as market falls
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Synopsis

The 30-share BSE Sensex closed down 1545.67 points at 57491.51

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Shrikant Chouhan of Kotak Securities said Nifty50 topping the 15,800 mark was completely unexpected.
NEW DELHI: Power shares closed lower in the Monday's session.

PIGL(up 2.98%) stood among the top gainers.

Inox wind(down 9.11%), Jaiprakash Power Ventures(down 8.33%), Adani Power(down 6.50%), CESC(down 6.44%), Alstom T&D India(down 6.11%), PTC India(down 5.40%), Tata Power Company(down 5.13%), ADANIGREEN(down 5.00%), Indo Tech Transformers(down 4.99%) and Karma Energy(down 4.98%) were among the top losers of the day.

The NSE Nifty50 index ended 468.05 points down at 17149.1, while the 30-share BSE Sensex closed down 1545.67 points at 57491.51.

Cipla(up 2.84%) and Oil & Natural Gas Corporation(up 1.25%) stood among the top gainers in the Nifty pack.

On the other hand, JSW Steel(down 6.67%), Tata Steel(down 6.03%), Bajaj Finance(down 5.99%), Grasim Industries(down 5.66%), Hindalco Industries(down 5.59%), Wipro(down 5.34%), Tech Mahindra(down 5.05%), Titan Company Ltd(down 4.95%), TATA CONSUMER PRODUCTS(down 4.83%) and Tata Motors(down 4.66%) closed in the red.

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