Stock market update: Power stocks up as market rises

The 30-share BSE Sensex closed up 33.4 points at 74119.39

NEW DELHI: Power shares closed higher in the Thursday's session.

Tata Power Company Ltd.(up 7.68%), Kalpataru Projects International Ltd.(up 6.64%), Inox Wind Energy Ltd.(up 5.00%), Inox Wind Ltd.(up 5.00%), Suzlon Energy Ltd.(up 4.91%), Orient Green Power Company Ltd.(up 4.84%), KKV Agro Powers Ltd.(up 4.84%), Hitachi Energy India Ltd.(up 4.11%), GE T&D India Ltd.(up 3.81%) and GE Power India Ltd.(up 3.47%) stood among the top gainers.

India Power Corporation Ltd.(down 3.94%), NLC India Ltd.(down 3.45%), Jaiprakash Power Ventures Ltd.(down 1.72%), Karma Energy Ltd.(down 1.71%), Adani Power Ltd.(down 1.71%), NHPC Ltd.(down 1.59%), Torrent Power Ltd.(down 1.48%), Indo Tech Transformers Ltd.(down 1.27%), Jyoti Structures Ltd.(down 1.05%) and Transformers & Rectifiers(India)Ltd.(down 0.73%) were among the top losers of the day.

The NSE Nifty50 index ended 19.5 points up at 22493.55, while the 30-share BSE Sensex closed up 33.4 points at 74119.39.

Tata Steel Ltd.(up 3.73%), Tata Consumer Products Ltd.(up 3.41%), Bajaj Auto Ltd.(up 3.18%), Tata Motors Ltd.(up 2.13%), JSW Steel Ltd.(up 2.11%), UPL Ltd.(up 1.93%), Hindalco Industries Ltd.(up 1.86%), Bajaj Finserv Ltd.(up 1.82%), Bajaj Finance Ltd.(up 1.74%) and Divi's Laboratories Ltd.(up 1.61%) stood among the top gainers in the Nifty pack.

On the other hand, Mahindra & Mahindra Ltd.(down 3.71%), Bharat Petroleum Corporation Ltd.(down 2.14%), Reliance Industries Ltd.(down 1.61%), Axis Bank Ltd.(down 1.21%), ICICI Bank Ltd.(down 0.84%), LTIMindtree Ltd.(down 0.81%), Oil And Natural Gas Corporation Ltd.(down 0.77%), Kotak Mahindra Bank Ltd.(down 0.67%), SBI Life Insurance Company Ltd.(down 0.66%) and Coal India Ltd.(down 0.65%) closed in the red.

Source: Stocks-Markets-Economic Times