Stock market update: Power stocks up as market rises

NEW DELHI: Power stocks were trading higher on Thursday at 11:05AM

Energy Development Company(up 4.98%), Reliance Power(up 4.92%), RTNPOWER(up 4.76%), ADANIGREEN(up 4.07%), Suzlon Energy(up 3.72%), Inox wind(up 2.22%), NLC India(up 1.77%), Inox Wind Energy(up 1.64%), Adani Transmissions(up 1.44%) and JSW Energy(up 1.40%) were among the top gainers.

PTC India(down 1.92%), Power Grid Corporation of India(down 1.44%), KEC International(down 1.32%), Torrent Power(down 1.26%), Hitachi Energy India(down 0.91%), Transformers and Rectifiers(India)(down 0.82%), Adani Power(down 0.80%), NHPC(down 0.59%), Tata Power Company(down 0.49%) and KPI Green Energy(down 0.30%) were among the top losers.

The NSE Nifty50 index was trading 16.65 points down at 16506.1, while the 30-share BSE Sensex was up 3.01 points at 55384.18 at around 11:05AM.

Reliance Industries(up 2.3%), Bajaj Finserv(up 1.61%), Bharat Petroleum Corporation(up 1.33%), Coal India(up 1.3%), Tata Consultancy(up 0.92%), Infosys(up 0.72%), Oil & Natural Gas Corporation(up 0.57%), Sun Pharmaceutical Industries(up 0.49%), Cipla(up 0.48%) and IndusInd Bank(up 0.44%) were among the top gainers in the Nifty pack.

On the other hand, Enterprises(down 4.8%), Hero MotoCorp(down 2.93%), Hindustan Unilever(down 2.2%), SBI Life(down 2.19%), JSW Steel(down 1.76%), HDFC(down 1.69%), Power Grid Corporation of India(down 1.44%), Shree Cement(down 1.4%), Tata Motors(down 1.36%) and TATA CONSUMER PRODUCTS(down 1.22%) were trading in the red.

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