Stock market update: Power stocks down as market falls

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

Transformers and Rectifiers(India)(up 10.77%), PTC India(up 4.96%), Alstom T&D India(up 3.67%), PIGL(up 2.60%), Kalpataru Power Transmission(up 2.57%), Gujarat Industries Power(up 1.81%), DPSC(up 0.78%), Jaiprakash Power Ventures(up 0.69%), Inox wind(up 0.63%) and Suzlon Energy(up 0.50%) stood among the top gainers.

Indowind Energy(down 4.94%), Jyoti Structures(down 4.92%), KEC International(down 2.69%), Orient Green Power Company(down 2.62%), Adani Transmissions(down 2.51%), KPI Green Energy(down 2.01%), Karma Energy(down 1.44%), JSW Energy(down 1.39%), Suzlon Energy-Partly Pd up Right Is(down 1.33%) and Energy Development Company(down 1.31%) were among the top losers of the day.

The NSE Nifty50 index ended 18.45 points down at 17895.7, while the 30-share BSE Sensex closed down 9.98 points at 60105.5.

Hindalco Industries(up 2.81%), Sun Pharmaceutical Industries(up 1.6%), Bharat Petroleum Corporation(up 1.48%), UltraTech Cement(up 1.47%), HDFC Bank(up 1.44%), Tata Consultancy(up 1.29%), Tata Motors(up 1.28%), JSW Steel(up 1.21%), Larsen & Toubro(up 0.89%) and HDFC(up 0.76%) stood among the top gainers in the Nifty pack.

On the other hand, Bharti Airtel(down 3.44%), Cipla(down 2.88%), Divis Laboratories(down 2.58%), Apollo Hospitals Enterprises(down 2.37%), Hindustan Unilever(down 1.91%), Oil & Natural Gas Corporation(down 1.71%), Coal India(down 1.55%), Nestle India(down 1.33%), TATA CONSUMER PRODUCTS(down 1.29%) and Reliance Industries(down 1.26%) closed in the red.