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    Stock market update: Power stocks up as market rises

    Synopsis

    The 30-share BSE Sensex was up 41.19 points at 57186.41

    European sharesGetty Images
    Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively.
    NEW DELHI: Power stocks were trading higher on Tuesday at 11:00AM

    Jyoti Structures(up 4.78%), Inox Wind Energy(up 3.54%), Kalpataru Power Transmission(up 2.91%), Suzlon Energy(up 2.34%), Transformers and Rectifiers(India)(up 2.28%), Indowind Energy(up 2.15%), DPSC(up 1.92%), Torrent Power(up 1.83%), Adani Power(up 1.77%) and Power Grid Corporation of India(up 1.67%) were among the top gainers.

    Energy Development Company(down 4.81%), RTNPOWER(down 3.41%), SJVN(down 2.21%), Reliance Power(down 1.83%), CESC(down 1.79%), Jaiprakash Power Ventures(down 1.30%), Adani Transmissions(down 1.01%), Voltamp Transformers(down 1.01%), GE Power India Limited(down 0.89%) and Inox wind(down 0.79%) were among the top losers.

    The NSE Nifty50 index was trading 7.8 points down at 17008.5, while the 30-share BSE Sensex was up 41.19 points at 57186.41 at around 11:00AM.

    Cipla(up 1.76%), Power Grid Corporation of India(up 1.67%), Britannia Industries(up 1.5%), Hindustan Unilever(up 1.43%), Nestle India(up 1.33%), Bharat Petroleum Corporation(up 1.15%), Oil & Natural Gas Corporation(up 0.97%), ITC(up 0.92%), Bharti Airtel(up 0.79%) and Dr Reddys Laboratories(up 0.78%) were among the top gainers in the Nifty pack.

    On the other hand, Tata Steel(down 2.4%), Hero MotoCorp(down 2.4%), Adani Ports & Special Economic Zone(down 2.3%), JSW Steel(down 1.36%), Bajaj Auto(down 1.28%), Hindalco Industries(down 1.25%), HDFC LIFE INSURANCE(down 1.13%), Kotak Mahindra Bank(down 1.12%), Titan Company Ltd(down 1.03%) and Tata Motors(down 0.98%) were trading in the red.



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