Stock market update: Power stocks mixed as Sensex dips

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NEW DELHI: Power stocks were trading mixed on Monday at 11:00AM

GE Power India Ltd.(up 9.89%), Karma Energy Ltd.(up 5.01%), Energy Development Company Ltd.(up 4.99%), Orient Green Power Company Ltd.(up 4.97%), CESC Ltd.(up 4.93%), NLC India Ltd.(up 4.32%), Kalpataru Projects International Ltd.(up 3.36%), KPI Green Energy Ltd.(up 3.31%), India Power Corporation Ltd.(up 2.87%) and Indowind Energy Ltd.(up 2.23%) were among the top gainers.

Neueon Towers Ltd.(down 5.18%), KKV Agro Powers Ltd.(down 5.00%), Torrent Power Ltd.(down 2.91%), Jyoti Structures Ltd.(down 2.64%), RattanIndia Power Ltd.(down 2.30%), Reliance Power Ltd.(down 1.87%), Voltamp Transformers Ltd.(down 1.64%), Adani Power Ltd.(down 1.33%), Gujarat Industries Power Company Ltd.(down 1.30%) and Indo Tech Transformers Ltd.(down 0.87%) were among the top losers.
The NSE Nifty50 index was trading 27.55 points down at 24296.3, while the 30-share BSE Sensex was down 116.42 points at 79880.18 at around 11:00AM.

Tata Consumer Products Ltd.(up 2.27%), Hindustan Unilever Ltd.(up 1.33%), Nestle India Ltd.(up 1.32%), Tata Motors Ltd.(up 1.09%), ITC Ltd.(up 1.07%), HDFC Life Insurance Company Ltd.(up 0.98%), Hero MotoCorp Ltd.(up 0.76%), Britannia Industries Ltd.(up 0.65%), Infosys Ltd.(up 0.58%) and Wipro Ltd.(up 0.56%) were among the top gainers in the Nifty pack.

On the other hand, Titan Company Ltd.(down 3.88%), Divi’s Laboratories Ltd.(down 3.32%), Shriram Finance Ltd.(down 1.76%), Adani Ports & Special Economic Zone Ltd.(down 1.56%), Adani Enterprises Ltd.(down 1.17%), Bharat Petroleum Corporation Ltd.(down 1.15%), Asian Paints Ltd.(down 0.97%), UltraTech Cement Ltd.(down 0.94%), Bajaj Finance Ltd.(down 0.72%) and Bajaj Finserv Ltd.(down 0.72%) were trading in the red.