Stock market update: Power stocks down as market falls

NEW DELHI: Power stocks were trading lower on Tuesday at 10:39AM

Jyoti Structures(up 4.95%), KPI Green Energy(up 2.17%), Energy Development Company(up 1.67%), RTNPOWER(up 1.45%), Transformers and Rectifiers(India)(up 1.41%), CESC(up 0.78%), Jaiprakash Power Ventures(up 0.76%), Suzlon Energy(up 0.70%), Torrent Power(up 0.34%) and Voltamp Transformers(up 0.30%) were among the top gainers.

Indowind Energy(down 3.00%), Karma Energy(down 2.54%), ADANIGREEN(down 2.22%), Orient Green Power Company(down 1.91%), JSW Energy(down 1.83%), Gujarat Industries Power(down 1.45%), Adani Power(down 1.34%), Indo Tech Transformers(down 1.33%), NLC India(down 1.25%) and Inox wind(down 1.23%) were among the top losers.



The NSE Nifty50 index was trading 93.3 points down at 15738.75, while the 30-share BSE Sensex was down 331.47 points at 52829.81 at around 10:39AM.

Mahindra & Mahindra(up 3.19%), Oil & Natural Gas Corporation(up 1.94%), Hero MotoCorp(up 1.18%), Eicher Motors(up 1.08%), Coal India(up 1.07%), Reliance Industries(up 0.94%), Maruti Suzuki(up 0.91%), Bajaj Auto(up 0.7%), Bharat Petroleum Corporation(up 0.24%) and Dr Reddys Laboratories(up 0.17%) were among the top gainers in the Nifty pack.

On the other hand, Asian Paints(down 3.83%), Titan Company Ltd(down 3.7%), Bajaj Finserv(down 2.27%), Adani Ports & Special Economic Zone(down 2.21%), Divis Laboratories(down 2.04%), Tech Mahindra(down 1.87%), Bajaj Finance(down 1.63%), Wipro(down 1.58%), Nestle India(down 1.53%) and Kotak Mahindra Bank(down 1.44%) were trading in the red.

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