Stock market update: Power stocks up as market rises

NEW DELHI: Power shares closed higher in the Thursday’s session.

Orient Green Power Company(up 8.70%), NLC India(up 7.04%), Reliance Power(up 4.95%), Indowind Energy(up 4.70%), NTL(up 4.35%), Gujarat Industries Power(up 3.87%), Indo Tech Transformers(up 3.76%), Energy Development Company(up 3.74%), Suzlon Energy(up 3.65%) and DPSC(up 3.33%) stood among the top gainers.

CESC(down 2.35%), Transformers and Rectifiers(India)(down 2.09%), PTC India(down 1.56%), ADANIGREEN(down 0.74%), K.P.I. Global Infras(down 0.43%), JSW Energy(down 0.39%), NTPC(down 0.35%), GE Power India Limited(down 0.05%), Adani Transmissions(down 0.01%) and Voltamp Transformers(down 0.01%) were among the top losers of the day.

The NSE Nifty50 index ended 144.35 points up at 17790.35, while the 30-share BSE Sensex closed up 488.1 points at 59677.83.

Tata Motors(up 12.04%), Titan Company Ltd(up 10.6%), Mahindra & Mahindra(up 5.29%), Maruti Suzuki(up 4.07%), Eicher Motors(up 3.37%), IndusInd Bank(up 3.08%), Sun Pharmaceutical Industries(up 2.83%), Asian Paints(up 2.45%), HCL Technologies(up 2.42%) and Tech Mahindra(up 2.28%) stood among the top gainers in the Nifty pack.

On the other hand, Oil & Natural Gas Corporation(down 4.58%), Dr Reddys Laboratories(down 1.32%), Coal India(down 1.11%), Britannia Industries(down 0.96%), HDFC(down 0.87%), Bajaj Finserv(down 0.83%), Divis Laboratories(down 0.75%), Hindustan Unilever(down 0.62%), Nestle India(down 0.58%) and Grasim Industries(down 0.44%) closed in the red.

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