Stock market update: Power stocks down as market falls

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

Karma Energy(up 3.69%), KPI Green Energy(up 0.30%) and Kalpataru Projects International(up 0.02%) stood among the top gainers.

Jaiprakash Power Ventures(down 7.65%), Adani Power(down 6.12%), DPSC(down 5.78%), Reliance Power(down 5.31%), Suzlon Energy(down 4.98%), Orient Green Power Company(down 4.98%), Gujarat Industries Power(down 4.95%), RTNPOWER(down 4.32%), SJVN(down 4.06%) and Transformers and Rectifiers(India)(down 3.88%) were among the top losers of the day.

The NSE Nifty50 index ended 141.15 points down at 19512.35, while the 30-share BSE Sensex closed down 483.24 points at 65512.39.

Dr. Reddy’s Laboratories Ltd.(up 1.28%), HCL Technologies Ltd.(up 0.96%), Tata Consumer Products Ltd.(up 0.67%), Hindustan Unilever Ltd.(up 0.47%), Tata Consultancy Services Ltd.(up 0.46%) and Oil And Natural Gas Corporation Ltd.(up 0.13%) stood among the top gainers in the Nifty pack.

On the other hand, Adani Ports & Special Economic Zone Ltd.(down 4.89%), Hero MotoCorp Ltd.(down 2.72%), HDFC Life Insurance Company Ltd.(down 2.49%), Mahindra & Mahindra Ltd.(down 2.17%), Bharat Petroleum Corporation Ltd.(down 2.07%), Bajaj Finance Ltd.(down 1.72%), Tata Steel Ltd.(down 1.62%), State Bank of India(down 1.53%), Adani Enterprises Ltd.(down 1.43%) and Kotak Mahindra Bank Ltd.(down 1.41%) closed in the red.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.