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    Stock market update: Power stocks down as market falls

    Synopsis

    The 30-share BSE Sensex closed down 878.88 points at 61799.03

    tech view 2Shutterstock.com
    RSI has turned north from the 60 level, confirming bullishness.
    NEW DELHI: Power shares closed lower in the Thursday's session.

    Orient Green Power Company(up 13.04%), Jyoti Structures(up 3.63%), Hitachi Energy India(up 2.80%), DPSC(up 2.16%), Indo Tech Transformers(up 2.14%), Suzlon Energy-Partly Pd up Right Is(up 1.82%), KPI Green Energy(up 1.57%), Kalpataru Power Transmission(up 1.46%), CESC(up 1.12%) and Alstom T&D India(up 0.93%) stood among the top gainers.

    PTC India(down 4.39%), Karma Energy(down 4.20%), Jaiprakash Power Ventures(down 3.61%), Reliance Power(down 3.34%), SJVN(down 2.85%), Transformers and Rectifiers(India)(down 2.44%), RTNPOWER(down 2.33%), Inox Wind Energy(down 1.98%), NHPC(down 1.55%) and GE Power India Limited(down 1.53%) were among the top losers of the day.

    The NSE Nifty50 index ended 245.4 points down at 18414.9, while the 30-share BSE Sensex closed down 878.88 points at 61799.03.

    Britannia Industries(up 1.26%), Hero MotoCorp(up 0.86%), SBI Life(up 0.3%), NTPC(up 0.29%), Sun Pharmaceutical Industries(up 0.19%), Bharat Petroleum Corporation(up 0.11%) and Mahindra & Mahindra(up 0.04%) stood among the top gainers in the Nifty pack.

    On the other hand, Tech Mahindra(down 3.98%), Titan Company Ltd(down 2.64%), Infosys(down 2.46%), HDFC(down 2.09%), Eicher Motors(down 1.96%), JSW Steel(down 1.93%), Grasim Industries(down 1.92%), ITC(down 1.9%), Tata Steel(down 1.86%) and Adani Ports & Special Economic Zone(down 1.84%) closed in the red.



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