Stock market update: Power stocks up as market rises

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

Inox wind(up 14.58%), Orient Green Power Company(up 9.76%), Tata Power Company(up 8.28%), Torrent Power(up 7.00%), PTC India(up 6.70%), K.P.I. Global Infras(up 6.24%), Indo Tech Transformers(up 5.00%), Indowind Energy(up 4.91%), Karma Energy(up 4.86%) and Jyoti Structures(up 4.84%) stood among the top gainers.

RTNPOWER(down 3.26%), DPSC(down 1.75%), ADANIGREEN(down 1.23%), Transformers and Rectifiers(India)(down 0.97%), Voltamp Transformers(down 0.20%) and NHPC(down 0.16%) were among the top losers of the day.

The NSE Nifty50 index ended 50.75 points up at 17945.95, while the 30-share BSE Sensex closed up 76.72 points at 60135.78.

Tata Motors(up 8.57%), Coal India(up 4.46%), Maruti Suzuki(up 3.64%), Grasim Industries(up 3.31%), Power Grid Corporation of India(up 3.06%), Hindalco Industries(up 2.92%), ITC(up 2.74%), NTPC(up 2.62%), Oil & Natural Gas Corporation(up 2.52%) and State Bank of India(up 2.46%) stood among the top gainers in the Nifty pack.

On the other hand, Tata Consultancy(down 6.35%), Tech Mahindra(down 2.76%), Infosys(down 1.91%), HCL Technologies(down 1.46%), Wipro(down 1.26%), Britannia Industries(down 1.1%), Reliance Industries(down 0.7%), Bharti Airtel(down 0.67%), HDFC LIFE INSURANCE(down 0.66%) and Larsen & Toubro(down 0.58%) closed in the red.