Stock market update: Power stocks up as market rises

Stock market update: Power stocks up as market rises
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

The 30-share BSE Sensex was up 975.94 points at 57792.59

Shutterstock.com
RSI has turned north from the 60 level, confirming bullishness.
NEW DELHI: Power stocks were trading higher on Thursday at 10:04AM

Alstom T&D India(up 3.05%), Kalpataru Power Transmission(up 2.69%), Inox wind(up 2.15%), Jyoti Structures(up 2.14%), GE Power India Limited(up 2.01%), NLC India(up 2.00%), RTNPOWER(up 1.71%), Adani Transmissions(up 1.70%), Transformers and Rectifiers(India)(up 1.45%) and Hitachi Energy India(up 1.41%) were among the top gainers.

Karma Energy(down 4.84%), Indowind Energy(down 3.06%), Energy Development Company(down 2.05%), Orient Green Power Company(down 1.72%) and Voltamp Transformers(down 0.63%) were among the top losers.

The NSE Nifty50 index was trading 278.0 points up at 17253.35, while the 30-share BSE Sensex was up 975.94 points at 57792.59 at around 10:04AM.

HDFC(up 3.66%), Asian Paints(up 3.52%), Kotak Mahindra Bank(up 3.06%), TATA CONSUMER PRODUCTS(up 2.75%), Eicher Motors(up 2.68%), Axis Bank(up 2.36%), Titan Company Ltd(up 2.31%), Bajaj Auto(up 2.3%), HDFC Bank(up 2.28%) and Bajaj Finance(up 2.24%) were among the top gainers in the Nifty pack.

On the other hand, Indian Oil Corporation(down 0.7%) and Oil & Natural Gas Corporation(down 0.09%) were trading in the red.

Pick the best companies to invest

BECOME AN ETPRIME MEMBER
(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.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by