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 460.19 points at 57060.87

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NEW DELHI: Power shares closed lower in the Friday's session.

Karma Energy(up 9.97%), RTNPOWER(up 4.85%), Jyoti Structures(up 3.19%), Orient Green Power Company(up 3.10%), Alstom T&D India(up 2.84%), Reliance Power(up 2.15%), Inox Wind Energy(up 1.41%), Indo Tech Transformers(up 1.30%), Jaiprakash Power Ventures(up 0.68%) and Voltamp Transformers(up 0.30%) stood among the top gainers.

Indowind Energy(down 4.01%), JSW Energy(down 3.86%), Power Grid Corporation of India(down 3.33%), Transformers and Rectifiers(India)(down 3.05%), DPSC(down 2.81%), Torrent Power(down 2.71%), Tata Power Company(down 2.38%), NTPC(down 2.19%), NHPC(down 2.06%) and Kalpataru Power Transmission(down 1.55%) were among the top losers of the day.

The NSE Nifty50 index ended 142.5 points down at 17102.55, while the 30-share BSE Sensex closed down 460.19 points at 57060.87.

HDFC LIFE INSURANCE(up 1.93%), TATA CONSUMER PRODUCTS(up 1.49%), Kotak Mahindra Bank(up 1.42%), HDFC Bank(up 0.97%), Sun Pharmaceutical Industries(up 0.83%), Tata Steel(up 0.81%), Tata Motors(up 0.36%), HDFC(up 0.26%), Dr Reddys Laboratories(up 0.24%) and UltraTech Cement(up 0.2%) stood among the top gainers in the Nifty pack.

On the other hand, Axis Bank(down 6.57%), Coal India(down 3.89%), Adani Ports & Special Economic Zone(down 3.46%), Power Grid Corporation of India(down 3.33%), Bajaj Auto(down 2.73%), Oil & Natural Gas Corporation(down 2.64%), Wipro(down 2.63%), Britannia Industries(down 2.34%), State Bank of India(down 2.21%) and Titan Company Ltd(down 2.19%) closed in the red.

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