Stock market update: Power stocks down as market falls
The 30-share BSE Sensex was down 1011.4 points at 57141.52
By ETMarkets.com |
ETMarkets.com
Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
NEW DELHI: Power stocks were trading lower on Monday at 10:55AM
Jaiprakash Power Ventures(up 7.65%), Karma Energy(up 4.04%) and GE Power India Limited(up 3.39%) were among the top gainers.
Indowind Energy(down 4.99%), Energy Development Company(down 4.83%), Reliance Power(down 4.70%), Orient Green Power Company(down 4.69%), Inox wind(down 4.29%), Indo Tech Transformers(down 4.11%), Suzlon Energy(down 3.38%), Jyoti Structures(down 3.35%), Transformers and Rectifiers(India)(down 3.09%) and JSW Energy(down 3.03%) were among the top losers.
The NSE Nifty50 index was trading 307.6 points down at 17067.15, while the 30-share BSE Sensex was down 1011.4 points at 57141.52 at around 10:55AM.
Tata Consultancy(up 2.19%) and Oil & Natural Gas Corporation(up 1.75%) were among the top gainers in the Nifty pack.
On the other hand, JSW Steel(down 4.72%), HDFC LIFE INSURANCE(down 4.5%), ITC(down 3.85%), HDFC(down 3.74%), ICICI Bank(down 3.07%), State Bank of India(down 3.04%), Tata Motors(down 2.96%), Tata Steel(down 2.93%), Bharti Airtel(down 2.76%) and IndusInd Bank(down 2.61%) were trading in the red.
Jaiprakash Power Ventures(up 7.65%), Karma Energy(up 4.04%) and GE Power India Limited(up 3.39%) were among the top gainers.
Indowind Energy(down 4.99%), Energy Development Company(down 4.83%), Reliance Power(down 4.70%), Orient Green Power Company(down 4.69%), Inox wind(down 4.29%), Indo Tech Transformers(down 4.11%), Suzlon Energy(down 3.38%), Jyoti Structures(down 3.35%), Transformers and Rectifiers(India)(down 3.09%) and JSW Energy(down 3.03%) were among the top losers.
The NSE Nifty50 index was trading 307.6 points down at 17067.15, while the 30-share BSE Sensex was down 1011.4 points at 57141.52 at around 10:55AM.
Tata Consultancy(up 2.19%) and Oil & Natural Gas Corporation(up 1.75%) were among the top gainers in the Nifty pack.
On the other hand, JSW Steel(down 4.72%), HDFC LIFE INSURANCE(down 4.5%), ITC(down 3.85%), HDFC(down 3.74%), ICICI Bank(down 3.07%), State Bank of India(down 3.04%), Tata Motors(down 2.96%), Tata Steel(down 2.93%), Bharti Airtel(down 2.76%) and IndusInd Bank(down 2.61%) were trading in the red.
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