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 Thursday’s session.

Indowind Energy Ltd.(up 9.99%), Neueon Towers Ltd.(up 4.88%), Suzlon Energy Ltd.(up 3.34%), Karma Energy Ltd.(up 3.23%), Jyoti Structures Ltd.(up 3.02%), GE T&D India Ltd.(up 1.81%), Inox Wind Ltd.(up 1.31%), RattanIndia Power Ltd.(up 1.28%), JSW Energy Ltd.(up 1.25%) and Energy Development Company Ltd.(up 0.98%) stood among the top gainers.

Hitachi Energy India Ltd.(down 3.54%), Voltamp Transformers Ltd.(down 2.49%), Indo Tech Transformers Ltd.(down 2.36%), KEC International Ltd.(down 2.29%), Power and Instrumentation(Gujarat)Ltd.(down 2.01%), NLC India Ltd.(down 1.99%), Gujarat Industries Power Company Ltd.(down 1.93%), NTPC Ltd.(down 1.34%), Inox Wind Energy Ltd.(down 1.00%) and KPI Green Energy Ltd.(down 0.86%) were among the top losers of the day.

The NSE Nifty50 index ended 51.0 points up at 23567.0, while the 30-share BSE Sensex closed up 141.34 points at 77478.93.

Hindalco Industries Ltd.(up 2.13%), Grasim Industries Ltd.(up 2.12%), Bharat Petroleum Corporation Ltd.(up 1.7%), JSW Steel Ltd.(up 1.61%), Adani Ports & Special Economic Zone Ltd.(up 1.45%), Tata Steel Ltd.(up 1.26%), Kotak Mahindra Bank Ltd.(up 1.12%), Coal India Ltd.(up 1.09%), ICICI Bank Ltd.(up 1.08%) and Axis Bank Ltd.(up 1.05%) stood among the top gainers in the Nifty pack. On the other hand, Hero MotoCorp Ltd.(down 2.54%), Sun Pharmaceutical Industries Ltd.(down 2.2%), Mahindra & Mahindra Ltd.(down 2.14%), NTPC Ltd.(down 1.34%), Wipro Ltd.(down 1.08%), State Bank of India(down 1.04%), HDFC Life Insurance Company Ltd.(down 1.03%), Cipla Ltd.(down 0.96%), Power Grid Corporation of India Ltd.(down 0.85%) and UltraTech Cement Ltd.(down 0.84%) closed in the red.

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