Stock market update: Power stocks down as market falls

The 30-share BSE Sensex closed down 571.44 points at 57292.49

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

JSW Energy(up 2.01%), Orient Green Power Company(up 1.79%), CESC(up 1.36%), Inox wind(up 0.50%), SJVN(up 0.18%), KEC International(up 0.16%) and Kalpataru Power Transmission(up 0.04%) stood among the top gainers.

Indowind Energy(down 4.95%), PIGL(down 4.61%), Adani Transmissions(down 4.22%), Energy Development Company(down 3.95%), RTNPOWER(down 3.36%), Power Grid Corporation of India(down 3.14%), GE Power India Limited(down 2.56%), Transformers and Rectifiers(India)(down 2.01%), Karma Energy(down 1.91%) and K.P.I. Global Infrastructure(down 1.73%) were among the top losers of the day.


The NSE Nifty50 index ended 169.45 points down at 17117.6, while the 30-share BSE Sensex closed down 571.44 points at 57292.49.

Coal India(up 3.26%), Hindalco Industries(up 2.28%), UPL Ltd(up 1.88%), Oil & Natural Gas Corporation(up 1.32%), HDFC Bank(up 0.44%), Sun Pharmaceutical Industries(up 0.24%), Cipla(up 0.17%), Titan Company Ltd(up 0.16%) and Maruti Suzuki(up 0.16%) stood among the top gainers in the Nifty pack.

On the other hand, Britannia Industries(down 3.53%), TATA CONSUMER PRODUCTS(down 3.17%), Power Grid Corporation of India(down 3.14%), Grasim Industries(down 3.11%), Shree Cement(down 2.91%), Asian Paints(down 2.9%), SBI Life(down 2.9%), UltraTech Cement(down 2.86%), Indian Oil Corporation(down 2.76%) and Hindustan Unilever(down 2.42%) closed in the red.
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