Stock market update: Power stocks up as market rises

NEW DELHI: Power stocks were trading higher on Wednesday at 11:15AM

Jyoti Structures(up 2.87%), Inox Wind Energy(up 2.83%), RTNPOWER(up 2.67%), Hitachi Energy India(up 2.29%), Adani Power(up 1.98%), Gujarat Industries Power(up 1.95%), Karma Energy(up 1.74%), JSW Energy(up 1.68%), Orient Green Power Company(up 1.63%) and Energy Development Company(up 1.19%) were among the top gainers.

Tata Power Company(down 4.33%), Indowind Energy(down 1.42%), Voltamp Transformers(down 0.85%), Suzlon Energy(down 0.80%), PTC India(down 0.77%), SJVN(down 0.71%), Inox wind(down 0.46%), NLC India(down 0.37%), NTPC(down 0.20%) and NHPC(down 0.15%) were among the top losers.

The NSE Nifty50 index was trading 61.6 points up at 16545.45, while the 30-share BSE Sensex was up 225.35 points at 55493.84 at around 11:15AM.

Larsen & Toubro(up 3.55%), Grasim Industries(up 2.6%), Sun Pharmaceutical Industries(up 2.01%), Divis Laboratories(up 1.77%), Cipla(up 1.31%), Adani Ports & Special Economic Zone(up 1.29%), IndusInd Bank(up 1.18%), Tata Consultancy(up 1.1%), UltraTech Cement(up 1.1%) and Bharat Petroleum Corporation(up 1.08%) were among the top gainers in the Nifty pack.

On the other hand, UPL Ltd(down 1.65%), Bajaj Finserv(down 1.55%), Kotak Mahindra Bank(down 1.19%), Enterprises(down 1.13%), Hero MotoCorp(down 1.03%), Bharti Airtel(down 0.99%), Bajaj Auto(down 0.87%), Bajaj Finance(down 0.63%), NTPC(down 0.23%) and JSW Steel(down 0.19%) were trading in the red.

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