Stock Market Sectors: Stock market update: Power stocks down as market falls

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

Reliance Power(up 5.28%), ADANIGREEN(up 5.01%), PIGL(up 4.97%), Karma Energy(up 3.87%), Transformers and Rectifiers(India)(up 3.19%), Adani Power(up 3.13%), KPI Green Energy(up 3.13%), Inox wind(up 2.67%), Hitachi Energy India(up 1.37%) and Inox Wind Energy(up 1.08%) stood among the top gainers.

JSW Energy(down 3.27%), Jaiprakash Power Ventures(down 2.61%), Gujarat Industries Power(down 2.52%), Tata Power Company(down 2.23%), PTC India(down 1.90%), NTPC(down 1.90%), Indo Tech Transformers(down 1.63%), Energy Development Company(down 1.45%), Power Grid Corporation of India(down 1.38%) and Indowind Energy(down 1.35%) were among the top losers of the day.

The NSE Nifty50 index ended 198.05 points down at 17758.45, while the 30-share BSE Sensex closed down 651.85 points at 59646.15.

Adani Ports & Special Economic Zone(up 4.65%), Larsen & Toubro(up 2.19%), Infosys(up 0.89%), Eicher Motors(up 0.37%), Bajaj Auto(up 0.34%) and Tata Consultancy(up 0.13%) stood among the top gainers in the Nifty pack.

On the other hand, IndusInd Bank(down 3.78%),

Enterprises(down 3.08%), Bajaj Finserv(down 3.08%), Tata Motors(down 2.85%), TATA CONSUMER PRODUCTS(down 2.59%), Bharat Petroleum Corporation(down 2.54%), Bajaj Finance(down 2.49%), Hindalco Industries(down 2.44%), Hero MotoCorp(down 2.39%) and State Bank of India(down 2.25%) closed in the red.

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