Stock market update: Power stocks down as market rises

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

Inox Wind Energy Ltd.(up 5.00%), KPI Green Energy Ltd.(up 5.00%), KKV Agro Powers Ltd.(up 5.00%), Transformers & Rectifiers(India)Ltd.(up 5.00%), Power and Instrumentation(Gujarat)Ltd.(up 4.99%), Inox Wind Ltd.(up 2.90%), Voltamp Transformers Ltd.(up 2.65%), Orient Green Power Company Ltd.(up 2.04%), Hitachi Energy India Ltd.(up 2.04%) and Adani Energy Solutions Ltd.(up 0.92%) stood among the top gainers.

Indo Tech Transformers Ltd.(down 6.22%), Jyoti Structures Ltd.(down 4.66%), GE T&D India Ltd.(down 3.65%), SJVN Ltd.(down 3.57%), Jaiprakash Power Ventures Ltd.(down 3.33%), KEC International Ltd.(down 2.97%), Torrent Power Ltd.(down 2.90%), Power Grid Corporation of India Ltd.(down 2.53%), Reliance Power Ltd.(down 2.06%) and PTC India Ltd.(down 2.04%) were among the top losers of the day.

The NSE Nifty50 index ended 129.96 points up at 22040.7, while the 30-share BSE Sensex closed up 376.26 points at 72426.64.

Mahindra & Mahindra Ltd.(up 4.0%), SBI Life Insurance Company Ltd.(up 3.8%), Adani Ports & Special Economic Zone Ltd.(up 3.15%), Larsen & Toubro Ltd.(up 2.62%), Maruti Suzuki India Ltd.(up 2.62%), Bajaj Auto Ltd.(up 2.49%), Tata Motors Ltd.(up 1.97%), Hero MotoCorp Ltd.(up 1.61%), Infosys Ltd.(up 1.51%) and Tata Consumer Products Ltd.(up 1.42%) stood among the top gainers in the Nifty pack.

On the other hand, Power Grid Corporation of India Ltd.(down 2.53%), Oil And Natural Gas Corporation Ltd.(down 0.94%), State Bank of India(down 0.92%), Britannia Industries Ltd.(down 0.75%), Reliance Industries Ltd.(down 0.69%), NTPC Ltd.(down 0.45%), Apollo Hospitals Enterprise Ltd.(down 0.41%), Axis Bank Ltd.(down 0.33%), Asian Paints Ltd.(down 0.29%) and Kotak Mahindra Bank Ltd.(down 0.23%) closed in the red.


(You can now subscribe to our ETMarkets WhatsApp channel)