Stock market update: Power stocks up as market rises

NEW DELHI: Power stocks were trading higher on Wednesday at 10:39AM

PIGL(up 5.00%), Jyoti Structures(up 4.84%), GE Power India Limited(up 3.71%), Inox Wind Energy(up 3.71%), KPI Green Energy(up 3.53%), Inox wind(up 2.97%), Indo Tech Transformers(up 2.29%), Suzlon Energy(up 1.71%), DPSC(up 1.14%) and Adani Transmissions(up 1.09%) were among the top gainers.

NLC India(down 2.63%), Suzlon Energy-Partly Pd up Right Is(down 1.52%), RTNPOWER(down 1.19%), Kalpataru Power Transmission(down 1.18%), SJVN(down 1.02%), Energy Development Company(down 0.51%), Indowind Energy(down 0.36%), Transformers and Rectifiers(India)(down 0.33%), Tata Power Company(down 0.27%) and Adani Power(down 0.22%) were among the top losers.

The NSE Nifty50 index was trading 18.4 points up at 18636.45, while the 30-share BSE Sensex was up 31.77 points at 62713.61 at around 10:39AM.

Hindalco Industries(up 2.52%), Mahindra & Mahindra(up 1.82%), Bajaj Auto(up 1.36%), Dr Reddys Laboratories(up 0.89%), Eicher Motors(up 0.8%), JSW Steel(up 0.78%), Tata Steel(up 0.75%), Britannia Industries(up 0.72%), Asian Paints(up 0.71%) and Reliance Industries(up 0.59%) were among the top gainers in the Nifty pack.

On the other hand, Tech Mahindra(down 0.9%), HCL Technologies(down 0.85%), Infosys(down 0.77%), Bajaj Finance(down 0.6%), Apollo Hospitals Enterprises(down 0.58%), Divis Laboratories(down 0.57%), Wipro(down 0.53%), State Bank of India(down 0.46%), Bharat Petroleum Corporation(down 0.44%) and Bajaj Finserv(down 0.43%) were trading in the red.