Stock market update: Power stocks down as market falls

NEW DELHI: Power shares closed lower in the Friday's session.

Alstom T&D India(up 4.12%), Gujarat Industries Power(up 1.98%), Hitachi Energy India(up 1.70%), Suzlon Energy-Partly Pd up Right Is(up 1.35%), PIGL(up 1.34%), KEC International(up 1.28%), NHPC(up 0.89%) and Inox Wind Energy(up 0.45%) stood among the top gainers.

Jyoti Structures(down 4.72%), Inox wind(down 3.48%), RTNPOWER(down 2.50%), Kalpataru Power Transmission(down 2.18%), Voltamp Transformers(down 2.11%), Adani Power(down 1.85%), Orient Green Power Company(down 1.76%), Energy Development Company(down 1.55%), Transformers and Rectifiers(India)(down 1.55%) and PTC India(down 1.54%) were among the top losers of the day.

The NSE Nifty50 index ended 132.7 points down at 17859.45, while the 30-share BSE Sensex closed down 452.9 points at 59900.37.

Britannia Industries(up 1.06%), Mahindra & Mahindra(up 0.98%), Reliance Industries(up 0.91%), Bharat Petroleum Corporation(up 0.69%), Oil & Natural Gas Corporation(up 0.58%), Bajaj Auto(up 0.58%), Nestle India(up 0.55%), ITC(up 0.48%), HDFC LIFE INSURANCE(up 0.36%) and SBI Life(up 0.11%) stood among the top gainers in the Nifty pack.

On the other hand, Tata Consultancy(down 3.01%), JSW Steel(down 2.98%), IndusInd Bank(down 2.79%), Bajaj Finserv(down 2.62%), Tech Mahindra(down 2.52%), Bajaj Finance(down 1.96%), Kotak Mahindra Bank(down 1.84%), Infosys(down 1.81%), Coal India(down 1.79%) and Adani Ports & Special Economic Zone(down 1.65%) closed in the red.