Stock Market Sector: Stock Market Update: Power Stocks Fall as Market Falls
Karma Energy Ltd. (4.97% above), Jyoti Structures Ltd. (4.36% above), PTC India Ltd. (3.75% above), Voltamp Transformers Ltd. (3.74% above), NLC India Ltd. (2.03% above), SJVN Ltd. (up 1.56%), JSW Energy Ltd. (up 1.40%), NHPC Ltd. (up 0.90%), Power and Instrumentation (Gujarat)Ltd. (up 0.70%) and RattanIndia Power Ltd. (up 0.49%) ) ) recorded the highest rise rate.
Indo Tech Transformers Ltd. (down 5.00%), GE Power India Ltd. (down 4.33%), Energy Development Company Ltd. (down 3.64%), Adani Energy Solutions Ltd. (down 3.49%), Inox Wind. Energy Ltd. (down 3.26%), Adani Green Energy Ltd. (down 3.11%), Suzlon Energy Ltd. (down 2.74%), Inox Wind Ltd. (down 2.63%), Transformers & Rectifiers (India) Ltd. (down 2.13%) % decline) and Adani Power Ltd. (down 2.04%) were the biggest decliners on the day.
The NSE Nifty50 index closed at 21571.95, down 460.35 points, while the 30-share BSE Sensex closed at 71500.76, down 1628.01 points.
HCL Technologies Ltd. (up 1.32%), SBI Life Insurance Company Ltd. (up 0.88%), LTIMindtree Ltd. (up 0.64%), Tata Consultancy Services Ltd. (up 0.61%), Infosys Ltd. (up 0.54%) , Tech Mahindra Ltd. (up 0.49%), Apollo Hospitals Enterprise Ltd. (up 0.37%), Titan Company Ltd. (up 0.26%), Power Grid Corporation of India Ltd. (up 0.07%) and Nestle India Ltd. (up 0.07%). (up 0.05%) was the top gainer in the Nifty pack.
Meanwhile, HDFC Bank Ltd. (-8.44%), Tata Steel Ltd. (-4.09%), Kotak Mahindra Bank Ltd. (-3.7%), Hindalco Industries Ltd. (3.34%) and Axis Bank Ltd. (-3.29% down), Adani Enterprises Ltd. (-2.8% down), ICICI Bank Ltd. (-2.71% down), UPL Ltd. (-2.4%), JSW Steel Ltd. (-2.37%) and Bajaj Finserv. Ltd. (down 2.31%) closed in the red.
