Stock market update: Power stocks up as market rises

NEW DELHI: Power stocks were trading higher on Thursday at 10:45AM

Gujarat Industries Power(up 7.75%), Indowind Energy(up 4.76%), KPI Green Energy(up 2.68%), NLC India(up 2.29%), Adani Transmissions(up 2.27%), CESC(up 1.59%), Adani Power(up 1.47%), Transformers and Rectifiers(India)(up 1.40%), Indo Tech Transformers(up 1.29%) and NTPC(up 1.27%) were among the top gainers.

Jyoti Structures(down 1.46%), Inox Wind Energy(down 0.44%), NHPC(down 0.34%), Hitachi Energy India(down 0.31%), SJVN(down 0.27%) and Voltamp Transformers(down 0.26%) were among the top losers.

The NSE Nifty50 index was trading 18.4 points up at 18333.5, while the 30-share BSE Sensex was up 76.45 points at 62016.65 at around 10:45AM.

Adani Enterprises(up 3.42%), IndusInd Bank(up 2.04%), Adani Ports & Special Economic Zone(up 1.3%), NTPC(up 1.27%), HCL Technologies(up 1.01%), UPL Ltd(up 1.0%), Apollo Hospitals Enterprises(up 0.91%), Oil & Natural Gas Corporation(up 0.9%), Britannia Industries(up 0.88%) and HDFC LIFE INSURANCE(up 0.82%) were among the top gainers in the Nifty pack.

On the other hand, Dr Reddys Laboratories(down 6.29%), Larsen & Toubro(down 4.34%), Hindalco Industries(down 3.32%), Bharti Airtel(down 1.0%), Eicher Motors(down 0.61%), ITC(down 0.4%), Cipla(down 0.36%), TATA CONSUMER PRODUCTS(down 0.3%), JSW Steel(down 0.26%) and Tata Motors(down 0.18%) were trading in the red.