Stock market update: Power stocks mixed as market rises

Stock market update: Power stocks mixed as market rises
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Synopsis

The 30-share BSE Sensex closed up 36.74 points at 58803.33

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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 Friday's session.

Inox Wind Energy(up 9.99%), Karma Energy(up 7.61%), Indo Tech Transformers(up 6.14%), Reliance Power(up 5.21%), GE Power India Limited(up 5.01%), Orient Green Power Company(up 4.95%), RTNPOWER(up 4.88%), Jyoti Structures(up 4.84%), Jaiprakash Power Ventures(up 4.38%) and Transformers and Rectifiers(India)(up 3.89%) stood among the top gainers.

PIGL(down 3.33%), KPI Green Energy(down 2.95%), Indowind Energy(down 1.93%), KEC International(down 1.80%), Adani Power(down 1.77%), Voltamp Transformers(down 1.67%), Alstom T&D India(down 1.52%), JSW Energy(down 1.26%), Gujarat Industries Power(down 1.14%) and Torrent Power(down 0.98%) were among the top losers of the day.

The NSE Nifty50 index ended 3.35 points down at 17539.45, while the 30-share BSE Sensex closed up 36.74 points at 58803.33.

ITC(up 1.75%), Adani Ports & Special Economic Zone(up 1.69%), HDFC(up 1.67%), Larsen & Toubro(up 1.44%), HDFC Bank(up 0.91%), Kotak Mahindra Bank(up 0.84%), Enterprises(up 0.82%), Axis Bank(up 0.81%), NTPC(up 0.68%) and State Bank of India(up 0.64%) stood among the top gainers in the Nifty pack.

On the other hand, Bharat Petroleum Corporation(down 2.84%), Shree Cement(down 2.31%), Hero MotoCorp(down 1.79%), Hindalco Industries(down 1.67%), Oil & Natural Gas Corporation(down 1.45%), UPL Ltd(down 1.41%), Reliance Industries(down 1.17%), Maruti Suzuki(down 1.16%), Bajaj Auto(down 1.11%) and Tata Motors(down 1.1%) closed in the red.
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