Stock market update: Power stocks down as market falls

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

Voltamp Transformers(up 2.06%) stood among the top gainers.

Suzlon Energy-Partly Pd up Right Is(down 10.88%), Adani Transmissions(down 9.84%), Energy Development Company(down 9.69%), Suzlon Energy(down 9.55%), DPSC(down 9.36%), Orient Green Power Company(down 8.68%), NLC India(down 8.67%), ADANIGREEN(down 8.67%), Jaiprakash Power Ventures(down 7.48%) and Transformers and Rectifiers(India)(down 7.34%) were among the top losers of the day.


The NSE Nifty50 index ended 320.55 points down at 17806.8, while the 30-share BSE Sensex closed down 980.93 points at 59845.29.

Divis Laboratories(up 0.07%) stood among the top gainers in the Nifty pack.

On the other hand, Adani Ports & Special Economic Zone(down 7.33%), Adani Enterprises(down 5.85%), Hindalco Industries(down 5.7%), Tata Steel(down 5.02%), Tata Motors(down 4.08%), Coal India(down 3.44%), Hero MotoCorp(down 3.33%), State Bank of India(down 3.27%), Bajaj Finserv(down 3.06%) and Reliance Industries(down 2.93%) closed in the red.