Stock market update: Power stocks down as market falls

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

Inox Wind Ltd.(up 9.07%), Inox Wind Energy Ltd.(up 5.01%), Transformers & Rectifiers(India)Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), RattanIndia Power Ltd.(up 4.87%), Jaiprakash Power Ventures Ltd.(up 3.29%), PTC India Ltd.(up 2.32%), Adani Green Energy Ltd.(up 2.01%), Orient Green Power Company Ltd.(up 0.96%) and GE T&D India Ltd.(up 0.82%) stood among the top gainers.

Suzlon Energy Ltd.(down 4.87%), Jyoti Structures Ltd.(down 4.58%), GE Power India Ltd.(down 3.25%), NLC India Ltd.(down 2.84%), JSW Energy Ltd.(down 2.73%), NHPC Ltd.(down 2.71%), Power and Instrumentation(Gujarat)Ltd.(down 1.96%), Torrent Power Ltd.(down 1.82%), SJVN Ltd.(down 1.73%) and KPI Green Energy Ltd.(down 1.69%) were among the top losers of the day.

The NSE Nifty50 index ended 10.56 points down at 22957.1, while the 30-share BSE Sensex closed down 7.65 points at 75410.39.

HDFC Bank Ltd.(up 1.65%), Larsen & Toubro Ltd.(up 1.13%), Bharti Airtel Ltd.(up 1.06%), Bharat Petroleum Corporation Ltd.(up 1.03%), Axis Bank Ltd.(up 0.76%), Coal India Ltd.(up 0.75%), NTPC Ltd.(up 0.72%), UltraTech Cement Ltd.(up 0.6%), Eicher Motors Ltd.(up 0.58%) and Maruti Suzuki India Ltd.(up 0.51%) stood among the top gainers in the Nifty pack.

On the other hand, Adani Ports & Special Economic Zone Ltd.(down 1.89%), Tata Consumer Products Ltd.(down 1.77%), Tech Mahindra Ltd.(down 1.18%), ITC Ltd.(down 1.17%), Titan Company Ltd.(down 1.15%), Tata Consultancy Services Ltd.(down 1.13%), Mahindra & Mahindra Ltd.(down 1.13%), Asian Paints Ltd.(down 1.0%), Apollo Hospitals Enterprise Ltd.(down 0.94%) and JSW Steel Ltd.(down 0.92%) closed in the red.