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

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

Gujarat Industries Power Company Ltd.(up 11.29%), Energy Development Company Ltd.(up 5.00%), Transformers & Rectifiers(India)Ltd.(up 5.00%), Jyoti Structures Ltd.(up 4.56%), Torrent Power Ltd.(up 2.68%), Kalpataru Projects International Ltd.(up 2.13%), JSW Energy Ltd.(up 1.44%), NTPC Green Energy Ltd.(up 1.34%), Hitachi Energy India Ltd.(up 1.16%) and GMR Power and Urban Infra Ltd.(up 0.93%) stood among the top gainers.

Karma Energy Ltd.(down 4.51%), Indo Tech Transformers Ltd.(down 3.25%), Ravindra Energy Ltd.(down 2.58%), Adani Green Energy Ltd.(down 2.44%), Inox Wind Energy Ltd.(down 2.24%), Inox Wind Ltd.(down 2.15%), Power and Instrumentation(Gujarat)Ltd.(down 2.00%), Reliance Power Ltd.(down 1.83%), Indowind Energy Ltd.(down 1.51%) and Adani Power Ltd.(down 1.44%) were among the top losers of the day.

The NSE Nifty50 index ended 31.75 points at 24641.8, while the 30-share BSE Sensex closed up 16.09 points at 81526.14.

Trent Ltd.(up 2.7%), Bajaj Finance Ltd.(up 2.58%), Britannia Industries Ltd.(up 2.14%), Shriram Finance Ltd.(up 1.94%), Bajaj Finserv Ltd.(up 1.39%), Hero MotoCorp Ltd.(up 1.36%), Infosys Ltd.(up 1.32%), Bharat Petroleum Corporation Ltd.(up 1.31%), UltraTech Cement Ltd.(up 1.31%) and Nestle India Ltd.(up 1.21%) stood among the top gainers in the Nifty pack.

On the other hand, JSW Steel Ltd.(down 1.26%), Adani Ports & Special Economic Zone Ltd.(down 1.2%), NTPC Ltd.(down 0.99%), State Bank of India(down 0.69%), Axis Bank Ltd.(down 0.56%), Reliance Industries Ltd.(down 0.52%), Adani Enterprises Ltd.(down 0.41%), SBI Life Insurance Company Ltd.(down 0.39%), HCL Technologies Ltd.(down 0.29%) and HDFC Bank Ltd.(down 0.27%) closed in the red.

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2024-12-11 11:10:00

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