Stock market update: Power stocks down as market falls

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NEW DELHI: Power stocks were trading lower on Monday at 11:00AM

Adani Transmissions(up 1.74%), ADANIGREEN(up 1.13%) and PTC India(up 0.21%) were among the top gainers.

Jaiprakash Power Ventures(down 6.61%), Tata Power Company(down 5.52%), Inox Wind Energy(down 4.99%), Jyoti Structures(down 4.95%), Karma Energy(down 4.87%), Indo Tech Transformers(down 4.84%), Hitachi Energy India(down 4.77%), Transformers and Rectifiers(India)(down 4.73%), Orient Green Power Company(down 4.70%) and JSW Energy(down 4.66%) were among the top losers.

The NSE Nifty50 index was trading 20.85 points down at 15272.65, while the 30-share BSE Sensex was down 19.85 points at 51340.57 at around 11:00AM.

Hindustan Unilever(up 3.49%), HDFC(up 3.11%), UltraTech Cement(up 2.06%), Nestle India(up 1.89%), HDFC Bank(up 1.8%), Eicher Motors(up 1.64%), Shree Cement(up 1.62%),

Enterprises(up 1.26%), HDFC LIFE INSURANCE(up 1.19%) and Britannia Industries(up 1.19%) were among the top gainers in the Nifty pack.
On the other hand, Hindalco Industries(down 5.93%), Tata Steel(down 4.77%), Oil & Natural Gas Corporation(down 4.63%), UPL Ltd(down 3.51%), Coal India(down 2.44%), Tata Motors(down 2.01%), JSW Steel(down 1.96%), Reliance Industries(down 1.83%), IndusInd Bank(down 1.8%) and Adani Ports & Special Economic Zone(down 1.7%) were trading in the red.