Stock Market Sectors: Stock market update: Power stocks up as market falls

NEW DELHI: Power stocks were trading higher on Tuesday at 10:24 AM

Transformers and Rectifiers (India) (up 5.92%), Reliance Power (up 4.86%), RTNPOWER (up 4.27%), Suzlon Energy (up 3.18%), Gujarat Industries Power (up 3.12%), Indo Tech Transformers (up 2.98) %), Orient Green Power Company (up 2.89%), KPI Global Infrastructure (up 2.82%), Adani Power (up 2.77%) and Jaiprakash Power Ventures (up 2.60%) were among the top gainers.

Karma Energy (down 1.78%), Tata Power Company (down 1.65%), Torrent Power (down 1.21%), Energy Development Company (down 1.18%), Alstom T&D India (down 0.54%), Inox wind (down 0.12%) , NTPC (down 0.06%) and KEC International (down 0.04%) were among the top losers.

The NSE Nifty50 index was trading 2.4 points down at 17171.25, while the 30-share BSE Sensex was down 87.21 points at 57079.53 at around 10:24 AM.

Apollo Hospitals Enterprises (up 4.78%), Reliance Industries (up 2.23%), Eicher Motors (up 2.2%), Coal India (up 2.14%), Bharat Petroleum Corporation (up 1.53%), JSW Steel (up 1.45%), Tata Steel (up 1.43%), UPL Ltd (up 1.3%), Hindalco Industries (up 1.28%) and UltraTech Cement (up 1.14%) were among the top gainers in the Nifty pack.

On the other hand, HDFC (down 3.56%), HDFC Bank (down 2.83%), Infosys (down 1.29%), Kotak Mahindra Bank (down 0.92%), Larsen & Toubro (down 0.71%), SBI Life (down 0.71 %), Divis Laboratories (down 0.59%), Bharti Airtel (down 0.45%), HDFC LIFE INSURANCE (down 0.44%) and Dr Reddys Laboratories (down 0.41%) were trading in the red.

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