Stock market update: Power stocks down as market falls

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NEW DELHI: Power stocks were trading lower on Wednesday at 11:15AM

ADANIGREEN(up 2.51%),

Wind Energy(up 1.85%) and Tata Power Company(up 0.47%) were among the top gainers.

Inox wind(down 7.86%), NLC India(down 5.58%), KPI Green Energy(down 5.00%), Energy Development Company(down 4.82%), Jyoti Structures(down 4.61%), Adani Power(down 4.60%), JSW Energy(down 4.57%), Gujarat Industries Power(down 4.47%), Jaiprakash Power Ventures(down 4.44%) and RTNPOWER(down 4.21%) were among the top losers.

The NSE Nifty50 index was trading 149.45 points down at 16090.6, while the 30-share BSE Sensex was down 498.29 points at 53866.56 at around 11:15AM.
INSURANCE(up 1.28%), Bharti Airtel(up 0.57%),

Mahindra Bank(up 0.46%), SBI Life(up 0.27%), Axis Bank(up 0.2%), HDFC(up 0.17%), TATA CONSUMER PRODUCTS(up 0.15%), HDFC Bank(up 0.07%) and UPL Ltd(up 0.03%) were among the top gainers in the Nifty pack.
On the other hand, Hindustan Unilever(down 2.89%), Shree Cement(down 2.64%), Tata Motors(down 2.59%), NTPC(down 2.19%), Larsen & Toubro(down 2.06%), IndusInd Bank(down 2.02%), Tata Steel(down 1.91%), Coal India(down 1.91%), Asian Paints(down 1.9%) and Infosys(down 1.9%) were trading in the red.