Stock market update: Power stocks down as market falls

The 30-share BSE Sensex closed down 714.53 points at 57197.15

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Nifty moved in a tight range of 82 points, and ended slightly below the psychologically crucial level of 15,700.
NEW DELHI: Power shares closed lower in the Friday's session.

Adani Power(up 4.98%), Jaiprakash Power Ventures(up 2.60%), GE Power India Limited(up 2.57%), ADANIGREEN(up 2.54%), Alstom T&D India(up 2.54%), K.P.I. Global Infrastructure(up 2.40%), JSW Energy(up 1.06%), Indo Tech Transformers(up 0.97%), SJVN(up 0.34%) and CESC(up 0.06%) stood among the top gainers.

PIGL(down 4.94%), Gujarat Industries Power(down 3.94%), Indowind Energy(down 3.79%), Energy Development Company(down 3.22%), Torrent Power(down 2.88%), Tata Power Company(down 2.22%), PTC India(down 1.75%), Hitachi Energy India(down 1.59%), Adani Transmissions(down 1.52%) and NHPC(down 1.39%) were among the top losers of the day.


The NSE Nifty50 index ended 220.65 points down at 17171.95, while the 30-share BSE Sensex closed down 714.53 points at 57197.15.

Adani Ports & Special Economic Zone(up 2.78%), Mahindra & Mahindra(up 1.06%), Bharti Airtel(up 0.41%), Maruti Suzuki(up 0.32%), ITC(up 0.27%), HCL Technologies(up 0.26%), Asian Paints(up 0.19%) and Britannia Industries(up 0.13%) stood among the top gainers in the Nifty pack.

On the other hand, Hindalco Industries(down 4.83%), Hindustan Unilever(down 3.23%), Cipla(down 3.16%), State Bank of India(down 3.04%), IndusInd Bank(down 2.97%), HDFC LIFE INSURANCE(down 2.96%), Dr Reddys Laboratories(down 2.95%), Grasim Industries(down 2.69%), Axis Bank(down 2.64%) and Bajaj Finserv(down 2.41%) closed in the red.
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