Stock market update: Power stocks up as market rises

NEW DELHI: Power stocks were trading higher on Tuesday at 10:55AM

KPI Green Energy(up 10.66%), Jyoti Structures(up 4.72%), Adani Power(up 4.56%),

Limited(up 3.63%), Jaiprakash Power Ventures(up 3.33%), Orient Green Power Company(up 3.24%), RTNPOWER(up 2.63%), Hitachi Energy India(up 2.38%), PTC India(up 2.07%) and Reliance Power(up 1.49%) were among the top gainers.

Voltamp Transformers(down 13.62%), Indo Tech Transformers(down 8.76%), PIGL(down 4.91%), Inox wind(down 3.88%), Karma Energy(down 3.63%), JSW Energy(down 0.80%), NHPC(down 0.74%), Transformers and Rectifiers(India)(down 0.43%) and NTPC(down 0.03%) were among the top losers.

The NSE Nifty50 index was trading 128.45 points up at 17826.6, while the 30-share BSE Sensex was up 437.01 points at 59899.79 at around 10:55AM.

HDFC LIFE INSURANCE(up 3.97%), Adani Ports & Special Economic Zone(up 3.04%), Eicher Motors(up 2.83%), Maruti Suzuki(up 2.59%), SBI Life(up 2.06%), Asian Paints(up 2.0%), Shree Cement(up 1.89%), TATA CONSUMER PRODUCTS(up 1.85%), Mahindra & Mahindra(up 1.78%) and Hindustan Unilever(up 1.7%) were among the top gainers in the Nifty pack.

On the other hand, Grasim Industries(down 2.42%), Hindalco Industries(down 1.43%), Oil & Natural Gas Corporation(down 1.26%), Tata Steel(down 0.53%), JSW Steel(down 0.51%), State Bank of India(down 0.39%), Bharti Airtel(down 0.04%) and NTPC(down 0.03%) were trading in the red.

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