Stock market update: Power stocks down as market rises

NEW DELHI: Power shares closed lower in the Monday’s session.

KPI Green Energy Ltd.(up 5.00%), RattanIndia Power Ltd.(up 4.74%), NHPC Ltd.(up 2.52%), Kalpataru Projects International Ltd.(up 0.65%) and KEC International Ltd.(up 0.02%) stood among the top gainers.

GE Power India Ltd.(down 5.67%), Hitachi Energy India Ltd.(down 5.10%), Inox Wind Energy Ltd.(down 5.00%), Jyoti Structures Ltd.(down 5.00%), Indo Tech Transformers Ltd.(down 5.00%), NLC India Ltd.(down 4.38%), Neueon Towers Ltd.(down 4.06%), Indowind Energy Ltd.(down 3.98%), JSW Energy Ltd.(down 3.84%) and Gujarat Industries Power Company Ltd.(down 3.62%) were among the top losers of the day.

The NSE Nifty50 index ended 33.15 points down at 22442.7, while the 30-share BSE Sensex closed up 17.39 points at 73895.54.

Britannia Industries Ltd.(up 6.69%), Kotak Mahindra Bank Ltd.(up 5.02%), Tata Consultancy Services Ltd.(up 2.03%), Hindustan Unilever Ltd.(up 1.77%), Mahindra & Mahindra Ltd.(up 1.46%), Sun Pharmaceutical Industries Ltd.(up 1.2%), LTIMindtree Ltd.(up 1.12%), Tech Mahindra Ltd.(up 0.95%), IndusInd Bank Ltd.(up 0.94%) and HCL Technologies Ltd.(up 0.8%) stood among the top gainers in the Nifty pack.

On the other hand, Titan Company Ltd.(down 7.19%), Adani Enterprises Ltd.(down 3.97%), Bharat Petroleum Corporation Ltd.(down 3.12%), Coal India Ltd.(down 2.95%), State Bank of India(down 2.85%), Adani Ports & Special Economic Zone Ltd.(down 2.3%), NTPC Ltd.(down 2.24%), HDFC Life Insurance Company Ltd.(down 1.92%), Shriram Finance Ltd.(down 1.59%) and Oil And Natural Gas Corporation Ltd.(down 1.39%) closed in the red.