Stock market update: Power stocks up as market rises

NEW DELHI: Power shares closed higher in the Tuesday's session.

Energy Development Company(up 9.28%), Transformers and Rectifiers(India)(up 5.03%), PTC India(up 4.98%), Karma Energy(up 4.83%), NHPC(up 4.20%), ADANIGREEN(up 3.65%), Adani Power(up 3.30%), Jyoti Structures(up 2.20%), KPI Green Energy(up 2.14%) and Power Grid Corporation of India(up 1.28%) stood among the top gainers.

Indowind Energy(down 5.02%), Inox wind(down 4.23%), PIGL(down 4.15%), Suzlon Energy-Partly Pd up Right Is(down 2.01%), RTNPOWER(down 1.25%), NLC India(down 1.05%), CESC(down 0.95%), JSW Energy(down 0.89%), GE Power India Limited(down 0.87%) and Reliance Power(down 0.70%) were among the top losers of the day.

The NSE Nifty50 index ended 158.45 points up at 18053.3, while the 30-share BSE Sensex closed up 562.75 points at 60655.72.

Larsen & Toubro(up 3.55%), Hindustan Unilever(up 2.71%), HDFC(up 1.77%), HCL Technologies(up 1.59%), HDFC Bank(up 1.49%), Reliance Industries(up 1.42%), Tata Consultancy(up 1.33%), Eicher Motors(up 1.3%), Power Grid Corporation of India(up 1.28%) and UltraTech Cement(up 1.27%) stood among the top gainers in the Nifty pack.

On the other hand, State Bank of India(down 1.67%), Bajaj Finserv(down 0.79%), IndusInd Bank(down 0.72%), Wipro(down 0.56%), Tata Steel(down 0.5%), Bajaj Finance(down 0.43%), Coal India(down 0.3%), Adani Ports & Special Economic Zone(down 0.29%), Sun Pharmaceutical Industries(down 0.27%) and JSW Steel(down 0.22%) closed in the red.