Stock market update: Power stocks down as market falls

Apr 15, 2024
stock-market-update:-power-stocks-down-as-market-falls

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

Transformers & Rectifiers(India)Ltd.(up 4.96%), KKV Agro Powers Ltd.(up 3.34%), Karma Energy Ltd.(up 1.97%) and PTC India Ltd.(up 1.03%) stood among the top gainers.

KEC International Ltd.(down 5.71%), SJVN Ltd.(down 5.09%), Jaiprakash Power Ventures Ltd.(down 4.99%), India Power Corporation Ltd.(down 4.96%), KPI Green Energy Ltd.(down 4.95%), Energy Development Company Ltd.(down 4.84%), Reliance Power Ltd.(down 4.76%), Neueon Towers Ltd.(down 4.66%), Jyoti Structures Ltd.(down 4.62%) and NLC India Ltd.(down 4.28%) were among the top losers of the day.

The NSE Nifty50 index ended 246.91 points down at 22272.5, while the 30-share BSE Sensex closed down 845.12 points at 73399.78.

Oil And Natural Gas Corporation Ltd.(up 5.33%), Hindalco Industries Ltd.(up 2.35%), Maruti Suzuki India Ltd.(up 1.28%), Nestle India Ltd.(up 0.69%), Britannia Industries Ltd.(up 0.22%) and Sun Pharmaceutical Industries Ltd.(up 0.01%) stood among the top gainers in the Nifty pack.

On the other hand, Bajaj Finserv Ltd.(down 2.47%), Wipro Ltd.(down 2.43%), UPL Ltd.(down 2.42%), ICICI Bank Ltd.(down 2.36%), Larsen & Toubro Ltd.(down 2.14%), Adani Ports & Special Economic Zone Ltd.(down 2.14%), Bajaj Finance Ltd.(down 2.13%), Adani Enterprises Ltd.(down 1.95%), Bharat Petroleum Corporation Ltd.(down 1.94%) and Tata Motors Ltd.(down 1.94%) closed in the red.

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