Stock Market Sectors: Stock market update: Power stocks up as market rises

Estimated read time 5 min read
NEW DELHI: Power shares closed higher in the Friday’s session.

JSW Energy Ltd.(up 7.41%), Indo Tech Transformers Ltd.(up 5.00%), NTPC Ltd.(up 2.74%), Power Grid Corporation of India Ltd.(up 2.57%), Inox Wind Energy Ltd.(up 2.49%), Transformers & Rectifiers(India)Ltd.(up 2.40%), NLC India Ltd.(up 2.12%), Gujarat Industries Power Company Ltd.(up 2.04%), Jaiprakash Power Ventures Ltd.(up 1.97%) and Jyoti Structures Ltd.(up 1.89%) stood among the top gainers.

Inox Wind Ltd.(down 2.25%), Hitachi Energy India Ltd.(down 2.15%), Kalpataru Projects International Ltd.(down 1.98%), Power and Instrumentation(Gujarat)Ltd.(down 1.96%), KEC International Ltd.(down 1.64%), Adani Power Ltd.(down 1.59%), GE T&D India Ltd.(down 1.30%), India Power Corporation Ltd.(down 0.89%), Karma Energy Ltd.(down 0.63%) and KPI Green Energy Ltd.(down 0.46%) were among the top losers of the day.

The NSE Nifty50 index ended 97.71 points up at 22055.2, while the 30-share BSE Sensex closed up 260.3 points at 72664.47.

Bharat Petroleum Corporation Ltd.(up 4.48%), NTPC Ltd.(up 2.74%), Power Grid Corporation of India Ltd.(up 2.57%), Hero MotoCorp Ltd.(up 2.37%), JSW Steel Ltd.(up 2.29%), Asian Paints Ltd.(up 2.26%), Bharti Airtel Ltd.(up 2.02%), Eicher Motors Ltd.(up 1.97%), ITC Ltd.(up 1.95%) and Oil And Natural Gas Corporation Ltd.(up 1.89%) stood among the top gainers in the Nifty pack. On the other hand, Tata Consultancy Services Ltd.(down 1.68%), Cipla Ltd.(down 1.42%), LTIMindtree Ltd.(down 1.09%), Infosys Ltd.(down 1.02%), Kotak Mahindra Bank Ltd.(down 0.93%), Wipro Ltd.(down 0.89%), Mahindra & Mahindra Ltd.(down 0.89%), Shriram Finance Ltd.(down 0.71%), HDFC Bank Ltd.(down 0.67%) and Tech Mahindra Ltd.(down 0.38%) closed in the red.

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