Stock market update: Power stocks down as market falls

NEW DELHI: Power stocks were trading lower on Monday at 10:39AM

Hitachi Energy India Ltd.(up 2.36%) and Kalpataru Projects International Ltd.(up 0.07%) were among the top gainers.

Transformers & Rectifiers(India)Ltd.(down 5.00%), Indo Tech Transformers Ltd.(down 5.00%), KPI Green Energy Ltd.(down 4.95%), Suzlon Energy Ltd.(down 4.52%), Neueon Towers Ltd.(down 4.23%), Tata Power Company Ltd.(down 4.07%), NLC India Ltd.(down 3.45%), Orient Green Power Company Ltd.(down 3.34%), SJVN Ltd.(down 3.32%) and CESC Ltd.(down 3.22%) were among the top losers.

The NSE Nifty50 index was trading 195.0 points down at 21860.2, while the 30-share BSE Sensex was down 718.16 points at 71946.31 at around 10:39AM.

Cipla Ltd.(up 4.93%), HDFC Life Insurance Company Ltd.(up 1.77%), Asian Paints Ltd.(up 1.27%), Britannia Industries Ltd.(up 1.21%), Adani Enterprises Ltd.(up 0.59%), Tata Consultancy Services Ltd.(up 0.31%), Adani Ports & Special Economic Zone Ltd.(up 0.28%), Hindustan Unilever Ltd.(up 0.12%), Sun Pharmaceutical Industries Ltd.(up 0.07%) and SBI Life Insurance Company Ltd.(up 0.02%) were among the top gainers in the Nifty pack.

On the other hand, Tata Motors Ltd.(down 9.13%), Bharat Petroleum Corporation Ltd.(down 4.11%), Hero MotoCorp Ltd.(down 2.84%), Coal India Ltd.(down 2.82%), Oil And Natural Gas Corporation Ltd.(down 2.63%), Shriram Finance Ltd.(down 2.39%), IndusInd Bank Ltd.(down 2.15%), State Bank of India(down 1.88%), NTPC Ltd.(down 1.88%) and Tata Steel Ltd.(down 1.76%) were trading in the red.