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Stock market update: Power stocks up as market rises

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NEW DELHI: Power shares closed higher in the Monday’s session.

Jaiprakash Power Ventures(up 9.38%), Inox wind(up 5.97%), Inox Wind Energy(up 5.00%), Adani Transmissions(up 4.89%), Reliance Power(up 4.84%), Orient Green Power Company(up 4.66%), Suzlon Energy(up 4.55%), ADANIGREEN(up 4.55%), Tata Power Company(up 3.81%) and JSW Energy(up 3.10%) stood among the top gainers.

Energy Development Company(down 4.42%), Indo Tech Transformers(down 4.36%), Indowind Energy(down 3.60%), Voltamp Transformers(down 0.58%),

Limited(down 0.51%) and PTC India(down 0.24%) were among the top losers of the day.

The NSE Nifty50 index ended 181.8 points up at 17340.05, while the 30-share BSE Sensex closed up 545.25 points at 58115.5.

Tata Motors(up 6.58%), Mahindra & Mahindra(up 6.29%), Adani Ports & Special Economic Zone(up 4.92%), UPL Ltd(up 3.54%), Oil & Natural Gas Corporation(up 3.17%), Cipla(up 2.78%), Maruti Suzuki(up 2.62%), Reliance Industries(up 2.61%), Kotak Mahindra Bank(up 2.51%) and Bharti Airtel(up 2.43%) stood among the top gainers in the Nifty pack.

On the other hand, Sun Pharmaceutical Industries(down 2.6%), HDFC LIFE INSURANCE(down 1.7%), Hindustan Unilever(down 1.68%), Britannia Industries(down 1.15%), Divis Laboratories(down 0.95%), Nestle India(down 0.54%), IndusInd Bank(down 0.32%), Grasim Industries(down 0.29%), Asian Paints(down 0.28%) and Eicher Motors(down 0.16%) closed in the red.