Stock market update: Power stocks up as market rises

Jun 10, 2024

NEW DELHI: Power stocks were trading higher on Monday at 11:05AM

KEC International Ltd.(up 6.53%), GE T&D India Ltd.(up 5.00%), Power and Instrumentation(Gujarat)Ltd.(up 5.00%), Reliance Power Ltd.(up 4.77%), Gujarat Industries Power Company Ltd.(up 4.40%), NLC India Ltd.(up 4.16%), Power Grid Corporation of India Ltd.(up 3.58%), Kalpataru Projects International Ltd.(up 3.07%), Hitachi Energy India Ltd.(up 3.06%) and Tata Power Company Ltd.(up 2.79%) were among the top gainers.

Neueon Towers Ltd.(down 5.20%), RattanIndia Power Ltd.(down 5.00%), Transformers & Rectifiers(India)Ltd.(down 2.53%), PTC India Ltd.(down 2.34%), Energy Development Company Ltd.(down 1.77%), KPI Green Energy Ltd.(down 0.92%), Voltamp Transformers Ltd.(down 0.88%), Indowind Energy Ltd.(down 0.77%) and Jaiprakash Power Ventures Ltd.(down 0.39%) were among the top losers.

The NSE Nifty50 index was trading 58.2 points up at 23348.35, while the 30-share BSE Sensex was up 108.2 points at 76801.56 at around 11:05AM.

UltraTech Cement Ltd.(up 3.75%), Power Grid Corporation of India Ltd.(up 3.61%), Hero MotoCorp Ltd.(up 3.37%), Grasim Industries Ltd.(up 2.93%), NTPC Ltd.(up 2.36%), Cipla Ltd.(up 2.15%), Axis Bank Ltd.(up 1.57%), Nestle India Ltd.(up 1.51%), Larsen & Toubro Ltd.(up 1.29%) and Britannia Industries Ltd.(up 1.27%) were among the top gainers in the Nifty pack.

On the other hand, Tech Mahindra Ltd.(down 2.37%), Infosys Ltd.(down 1.95%), LTIMindtree Ltd.(down 1.73%), HCL Technologies Ltd.(down 1.58%), Wipro Ltd.(down 1.32%), Titan Company Ltd.(down 1.12%), Mahindra & Mahindra Ltd.(down 1.01%), Tata Consultancy Services Ltd.(down 0.83%), JSW Steel Ltd.(down 0.74%) and Hindustan Unilever Ltd.(down 0.53%) were trading in the red.

Leave a comment