Stock market update: Power stocks down as market rises

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

Indowind Energy(up 4.88%) and Orient Green Power Company(up 4.52%) stood among the top gainers.

DPSC(down 9.38%), Jaiprakash Power Ventures(down 7.37%), NLC India(down 5.90%), Inox wind(down 5.74%), Adani Transmissions(down 5.00%), PTC India(down 4.96%), K.P.I. Global Infras(down 4.90%), Energy Development Company(down 4.86%), Reliance Power(down 4.80%) and GE Power India Limited(down 4.54%) were among the top losers of the day.

The NSE Nifty50 index ended 27.5 points up at 17053.95, while the 30-share BSE Sensex closed up 153.43 points at 57260.58.

Kotak Mahindra Bank(up 2.82%), HCL Technologies(up 2.08%), HDFC LIFE INSURANCE(up 1.94%), Tata Consultancy(up 1.6%), Wipro(up 1.47%), Bajaj Finance(up 1.45%), Titan Company Ltd(up 1.39%), Bajaj Finserv(up 1.25%), Reliance Industries(up 1.2%) and Hindalco Industries(up 0.76%) stood among the top gainers in the Nifty pack.

On the other hand, Bharat Petroleum Corporation(down 2.49%), Sun Pharmaceutical Industries(down 2.12%), UPL Ltd(down 2.05%), Oil & Natural Gas Corporation(down 2.04%), Adani Ports & Special Economic Zone(down 2.03%), NTPC(down 1.82%), Indian Oil Corporation(down 1.78%), Axis Bank(down 1.61%), Hero MotoCorp(down 1.53%) and Shree Cement(down 1.46%) closed in the red.

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