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

NEW DELHI: Power stocks were trading higher on Thursday at 10:09AM

Reliance Power(up 8.33%), Inox Wind Energy(up 5.37%), Inox wind(up 5.19%), Jyoti Structures(up 4.79%), Jaiprakash Power Ventures(up 4.64%), DPSC(up 3.86%), RTNPOWER(up 3.80%), Energy Development Company(up 3.76%), Suzlon Energy(up 3.66%) and Hitachi Energy India(up 3.59%) were among the top gainers.

Adani Power(down 2.45%), Alstom T&D India(down 2.11%), ADANIGREEN(down 1.42%), NHPC(down 1.17%), Adani Transmissions(down 1.11%), Indowind Energy(down 1.01%), NTPC(down 0.70%), Indo Tech Transformers(down 0.42%), Power Grid Corporation of India(down 0.17%) and CESC(down 0.12%) were among the top losers.

The NSE Nifty50 index was trading 125.35 points down at 17633.95, while the 30-share BSE Sensex was down 417.73 points at 59119.34 at around 10:09AM.

Bajaj Finserv(up 3.17%), TATA CONSUMER PRODUCTS(up 2.7%), Bharti Airtel(up 1.66%), Eicher Motors(up 1.47%), Asian Paints(up 1.44%), Titan Company Ltd(up 1.31%), Maruti Suzuki(up 1.31%), State Bank of India(up 1.29%), IndusInd Bank(up 0.88%) and Grasim Industries(up 0.86%) were among the top gainers in the Nifty pack.

On the other hand, Hindalco Industries(down 2.82%), Oil & Natural Gas Corporation(down 2.67%), Tata Consultancy(down 2.37%), SBI Life(down 2.2%), Infosys(down 2.04%), Tech Mahindra(down 1.77%), Reliance Industries(down 1.63%), Hindustan Unilever(down 1.36%), HDFC(down 1.26%) and UPL Ltd(down 1.2%) were trading in the red.

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