Stock market update: Power stocks down as market rises

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

Inox wind(up 4.55%),

Limited(up 4.02%), PIGL(up 3.64%), Adani Power(up 3.36%), CESC(up 3.20%), Adani Transmissions(up 2.45%), Karma Energy(up 2.16%), Indowind Energy(up 1.78%), Jyoti Structures(up 1.58%) and NHPC(up 1.41%) stood among the top gainers.

Orient Green Power Company(down 4.72%), ADANIGREEN(down 3.99%), Hitachi Energy India(down 3.47%), Inox Wind Energy(down 2.79%), RTNPOWER(down 2.56%), KPI Green Energy(down 2.56%), Reliance Power(down 2.26%), Suzlon Energy(down 2.07%), Indo Tech Transformers(down 1.88%) and NLC India(down 1.74%) were among the top losers of the day.

The NSE Nifty50 index ended 42.7 points up at 17388.15, while the 30-share BSE Sensex closed up 214.17 points at 58350.53.

Tech Mahindra(up 1.94%), Infosys(up 1.46%), Tata Consultancy(up 1.45%), Titan Company Ltd(up 1.32%), Asian Paints(up 1.28%), Hero MotoCorp(up 1.1%), Bharti Airtel(up 0.92%), ICICI Bank(up 0.86%), Reliance Industries(up 0.84%) and Cipla(up 0.76%) stood among the top gainers in the Nifty pack.

On the other hand, Maruti Suzuki(down 2.33%), Sun Pharmaceutical Industries(down 2.21%), Kotak Mahindra Bank(down 1.78%), Tata Motors(down 1.77%), Coal India(down 1.46%), UPL Ltd(down 1.12%), Hindalco Industries(down 0.99%), IndusInd Bank(down 0.84%), Oil & Natural Gas Corporation(down 0.77%) and UltraTech Cement(down 0.73%) closed in the red.

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