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    Stock market update: Power stocks up as market rises

    Synopsis

    The 30-share BSE Sensex was up 405.0 points at 60497.97

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    MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
    NEW DELHI: Power stocks were trading higher on Tuesday at 10:04AM

    Karma Energy(up 4.83%), Transformers and Rectifiers(India)(up 4.45%), NHPC(up 3.56%), PTC India(up 3.34%), ADANIGREEN(up 3.31%), Jyoti Structures(up 3.30%), Adani Power(up 1.83%), NTPC(up 1.18%), Power Grid Corporation of India(up 1.02%) and Orient Green Power Company(up 0.92%) were among the top gainers.

    Indowind Energy(down 5.02%), Inox wind(down 1.53%), KPI Green Energy(down 1.10%), Energy Development Company(down 1.06%), GE Power India Limited(down 0.94%), Alstom T&D India(down 0.76%), Reliance Power(down 0.70%), NLC India(down 0.68%), Gujarat Industries Power(down 0.35%) and JSW Energy(down 0.34%) were among the top losers.

    The NSE Nifty50 index was trading 114.0 points up at 18008.85, while the 30-share BSE Sensex was up 405.0 points at 60497.97 at around 10:04AM.

    Hindustan Unilever(up 2.54%), HCL Technologies(up 1.43%), Larsen & Toubro(up 1.35%), NTPC(up 1.21%), Tata Motors(up 1.17%), HDFC Bank(up 0.99%), Power Grid Corporation of India(up 0.97%), UltraTech Cement(up 0.95%), HDFC(up 0.93%) and Reliance Industries(up 0.92%) were among the top gainers in the Nifty pack.

    On the other hand, Sun Pharmaceutical Industries(down 0.64%), Tata Steel(down 0.46%), Bharat Petroleum Corporation(down 0.44%), Adani Enterprises(down 0.44%), Bajaj Finance(down 0.43%), Hero MotoCorp(down 0.43%), IndusInd Bank(down 0.23%) and Divis Laboratories(down 0.22%) were trading in the red.



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