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Stock market update: Power stocks down as market rises

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July 16, 2024
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Stock market update: Power stocks  down  as market  rises
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NEW DELHI: Power shares closed higher in the Tuesday’s session.

Karma Energy Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), Jyoti Structures Ltd.(up 4.97%), KPI Green Energy Ltd.(up 4.88%), Suzlon Energy Ltd.(up 2.31%), Torrent Power Ltd.(up 1.72%), Transformers & Rectifiers(India)Ltd.(up 1.44%), Adani Green Energy Ltd.(up 1.09%), Adani Energy Solutions Ltd.(up 0.89%) and Jaiprakash Power Ventures Ltd.(up 0.82%) stood among the top gainers.

India Power Corporation Ltd.(down 6.34%), GE Power India Ltd.(down 5.00%), KKV Agro Powers Ltd.(down 5.00%), Inox Wind Energy Ltd.(down 3.76%), GE T&D India Ltd.(down 2.98%), NHPC Ltd.(down 2.25%), Inox Wind Ltd.(down 2.06%), CESC Ltd.(down 1.91%), JSW Energy Ltd.(down 1.68%) and SJVN Ltd.(down 1.60%) were among the top losers of the day.

The NSE Nifty50 index ended 26.3 points up at 24613.0, while the 30-share BSE Sensex closed up 51.69 points at 80716.55.

Coal India Ltd.(up 2.96%), Bharat Petroleum Corporation Ltd.(up 2.67%), Hindustan Unilever Ltd.(up 2.61%), Tata Consumer Products Ltd.(up 2.39%), Bharti Airtel Ltd.(up 2.02%), LTIMindtree Ltd.(up 1.54%), HDFC Life Insurance Company Ltd.(up 1.37%), Tech Mahindra Ltd.(up 1.15%), Infosys Ltd.(up 1.12%) and Mahindra & Mahindra Ltd.(up 0.95%) stood among the top gainers in the Nifty pack. On the other hand, Shriram Finance Ltd.(down 2.39%), Dr. Reddy’s Laboratories Ltd.(down 2.19%), Kotak Mahindra Bank Ltd.(down 2.08%), UltraTech Cement Ltd.(down 1.48%), NTPC Ltd.(down 1.35%), Hindalco Industries Ltd.(down 1.33%), Reliance Industries Ltd.(down 1.32%), Hero MotoCorp Ltd.(down 0.51%), Cipla Ltd.(down 0.45%) and Sun Pharmaceutical Industries Ltd.(down 0.44%) closed in the red.

Tags: Global Stock Market SectorsIndia stock market sectorsMarketPowerrisesS&P 500 SectorsS&P SectorsSectors in stock MarketStockStock Market Sectorsstocksupdate
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