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    Stock market update: Power stocks down as market falls

    Synopsis

    The 30-share BSE Sensex closed down 773.69 points at 60205.06

    Brokers trade at computer terminals at stock brokerage firm in MumbaiReuters
    Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
    NEW DELHI: Power shares closed lower in the Wednesday's session.

    PIGL(up 1.47%), Kalpataru Power Transmission(up 1.19%), Voltamp Transformers(up 1.16%), SJVN(up 1.02%), Gujarat Industries Power(up 0.54%), NHPC(up 0.46%), KEC International(up 0.25%) and KPI Green Energy(up 0.13%) stood among the top gainers.

    Adani Transmissions(down 8.85%), PTC India(down 5.00%), Adani Power(down 4.97%), Jyoti Structures(down 4.69%), Inox wind(down 4.35%), Orient Green Power Company(down 4.04%), ADANIGREEN(down 3.08%), Transformers and Rectifiers(India)(down 2.88%), RTNPOWER(down 2.60%) and Energy Development Company(down 2.40%) were among the top losers of the day.

    The NSE Nifty50 index ended 226.35 points down at 17891.95, while the 30-share BSE Sensex closed down 773.69 points at 60205.06.

    Maruti Suzuki(up 0.98%), Hindalco Industries(up 0.92%), Hindustan Unilever(up 0.84%), Bajaj Auto(up 0.84%), Tata Steel(up 0.5%), Hero MotoCorp(up 0.47%), JSW Steel(up 0.36%), Oil & Natural Gas Corporation(up 0.2%), Bharti Airtel(up 0.11%) and ITC(up 0.09%) stood among the top gainers in the Nifty pack.

    On the other hand, Adani Ports & Special Economic Zone(down 6.31%), IndusInd Bank(down 4.63%), State Bank of India(down 4.32%), HDFC Bank(down 2.76%), Cipla(down 2.53%), HDFC(down 2.33%), Axis Bank(down 1.96%), Apollo Hospitals Enterprises(down 1.87%), Tech Mahindra(down 1.82%) and ICICI Bank(down 1.77%) closed in the red.



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