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

NEW DELHI: Power stocks were trading lower on Thursday at 11:21AM

KPI Green Energy(up 10.51%), Voltamp Transformers(up 3.49%), Suzlon Energy(up 3.07%), RTNPOWER(up 2.56%), Jyoti Structures(up 1.99%), ADANIGREEN(up 1.38%), Transformers and Rectifiers(India)(up 1.20%), Adani Transmissions(up 1.05%), Jaiprakash Power Ventures(up 0.72%) and Inox wind(up 0.65%) were among the top gainers.

Transmission(down 2.21%), Karma Energy(down 1.56%), PTC India(down 1.52%), Indowind Energy(down 1.39%), Inox Wind Energy(down 1.22%), Energy Development Company(down 1.18%), KEC International(down 0.85%), Alstom T&D India(down 0.84%), NLC India(down 0.60%) and NHPC(down 0.59%) were among the top losers.

The NSE Nifty50 index was trading 4.55 points up at 16360.8, while the 30-share BSE Sensex was up 28.85 points at 54921.34 at around 11:21AM.

Dr Reddys Laboratories(up 2.76%), Oil & Natural Gas Corporation(up 1.9%), Reliance Industries(up 1.32%), Bajaj Auto(up 1.09%), SBI Life(up 1.04%), Maruti Suzuki(up 1.02%), Coal India(up 0.78%), ITC(up 0.73%), Titan Company Ltd(up 0.57%) and UPL Ltd(up 0.52%) were among the top gainers in the Nifty pack.

On the other hand, Tata Steel(down 2.55%), Hindalco Industries(down 1.75%), Shree Cement(down 1.71%), Grasim Industries(down 1.41%), Asian Paints(down 1.34%), State Bank of India(down 1.33%), Tata Motors(down 1.24%), Enterprises(down 1.01%), UltraTech Cement(down 1.01%) and JSW Steel(down 0.98%) were trading in the red.

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