Stock market update: Power stocks down as market falls

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

Jyoti Structures(up 4.70%), Voltamp Transformers(up 3.75%), Jaiprakash Power Ventures(up 3.09%), Adani Power(up 2.83%), NLC India(up 2.70%), Reliance Power(up 2.63%), Inox wind(up 2.47%), Inox Wind Energy(up 2.41%), JSW Energy(up 1.96%) and

Limited(up 0.62%) were among the top gainers.

Karma Energy(down 5.26%), Orient Green Power Company(down 3.03%), Suzlon Energy(down 2.60%), NTPC(down 2.10%), KEC International(down 1.58%), Adani Transmissions(down 1.34%), Indowind Energy(down 1.34%), RTNPOWER(down 1.32%), Energy Development Company(down 1.19%) and Transformers and Rectifiers(India)(down 1.15%) were among the top losers.

The NSE Nifty50 index was trading 29.5 points down at 17495.6, while the 30-share BSE Sensex was down 127.98 points at 58725.09 at around 11:21AM.

Enterprises(up 3.39%), Coal India(up 1.35%), ICICI Bank(up 1.35%), Sun Pharmaceutical Industries(up 1.32%), UPL Ltd(up 1.27%), Larsen & Toubro(up 1.24%), IndusInd Bank(up 1.13%), Eicher Motors(up 1.07%), HDFC LIFE INSURANCE(up 0.84%) and Tata Steel(up 0.79%) were among the top gainers in the Nifty pack.
On the other hand, Bajaj Finance(down 3.01%), NTPC(down 2.1%), Oil & Natural Gas Corporation(down 2.05%), Adani Ports & Special Economic Zone(down 1.81%), Wipro(down 1.62%), HCL Technologies(down 1.51%), Infosys(down 1.5%), Asian Paints(down 1.19%), State Bank of India(down 0.91%) and Titan Company Ltd(down 0.88%) were trading in the red.

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