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    Stock market update: Power stocks up as market rises

    Synopsis

    The 30-share BSE Sensex closed up 240.98 points at 65628.14

    Brokers trade at computer terminals at stock brokerage firm in MumbaiReuters
    Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
    NEW DELHI: Power shares closed higher in the Monday's session.

    Energy Development Company(up 19.83%), PTC India(up 7.31%), Torrent Power(up 6.06%), Jaiprakash Power Ventures(up 5.49%), CESC(up 5.44%), NLC India(up 4.27%), Transformers and Rectifiers(India)(up 3.80%), Kalpataru Projects International(up 3.76%), Adani Power(up 3.48%) and DPSC(up 3.04%) stood among the top gainers.

    RTNPOWER(down 5.00%), Suzlon Energy(down 3.60%), Karma Energy(down 3.00%), Inox Wind Energy(down 1.99%), Voltamp Transformers(down 1.65%), Adani Energy Solutions(down 0.88%), Orient Green Power Company(down 0.36%) and Inox wind(down 0.15%) were among the top losers of the day.

    The NSE Nifty50 index ended 93.5 points up at 19528.8, while the 30-share BSE Sensex closed up 240.98 points at 65628.14.

    Coal India Ltd.(up 4.6%), Wipro Ltd.(up 4.26%), HCL Technologies Ltd.(up 3.93%), UltraTech Cement Ltd.(up 3.87%), Tata Steel Ltd.(up 3.69%), Hindalco Industries Ltd.(up 2.83%), Tech Mahindra Ltd.(up 2.33%), NTPC Ltd.(up 2.21%), Grasim Industries Ltd.(up 1.63%) and Infosys Ltd.(up 1.47%) stood among the top gainers in the Nifty pack.

    On the other hand, Mahindra & Mahindra Ltd.(down 0.97%), Axis Bank Ltd.(down 0.89%), ITC Ltd.(down 0.8%), Nestle India Ltd.(down 0.8%), Asian Paints Ltd.(down 0.73%), Bajaj Finance Ltd.(down 0.68%), Bajaj Auto Ltd.(down 0.67%), Titan Company Ltd.(down 0.52%), Cipla Ltd.(down 0.52%) and Kotak Mahindra Bank Ltd.(down 0.5%) closed in the red.
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