Stock market update: Power stocks up as market rises

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

Inox wind(up 5.01%), Inox Wind Energy(up 2.01%), KPI Green Energy(up 1.91%), Reliance Power(up 1.54%), DPSC(up 1.36%), Power Grid Corporation of India(up 0.69%), Gujarat Industries Power(up 0.65%), PTC India(up 0.59%), Adani Power(up 0.59%) and CESC(up 0.58%) stood among the top gainers.

Power & Instrumentation(Gujarat)(down 4.95%), Jyoti Structures(down 4.19%), Karma Energy(down 3.58%), Indo Tech Transformers(down 3.53%), Adani Transmissions(down 2.56%), Suzlon Energy(down 1.35%), NLC India(down 1.07%), ADANIGREEN(down 1.05%), JSW Energy(down 1.01%) and KEC International(down 0.98%) were among the top losers of the day.

The NSE Nifty50 index ended 46.35 points up at 18534.1, while the 30-share BSE Sensex closed up 118.57 points at 62547.11.

Hindalco Industries(up 3.54%), Hero MotoCorp(up 3.29%), Apollo Hospitals Enterprises(up 3.18%), Tata Steel(up 1.93%), JSW Steel(up 1.84%), Mahindra & Mahindra(up 1.71%), Maruti Suzuki(up 1.68%), Dr Reddys Laboratories(up 1.28%), Titan Company Ltd(up 1.22%) and Larsen & Toubro(up 1.21%) stood among the top gainers in the Nifty pack.

On the other hand, Adani Enterprises(down 1.89%), Infosys(down 1.55%), Bharat Petroleum Corporation(down 1.23%), HDFC LIFE INSURANCE(down 1.0%), Tata Consultancy(down 0.55%), Wipro(down 0.54%), Eicher Motors(down 0.45%), SBI Life(down 0.43%), HCL Technologies(down 0.42%) and Divis Laboratories(down 0.39%) closed in the red.