NEW DELHI: On Tuesday at 10:40 AM, power stocks experienced a decline.
Among the top gainers were India Power Corporation Ltd. (up 6.81%), Orient Green Power Company Ltd. (up 3.66%), Indowind Energy Ltd. (up 3.66%), Indo Tech Transformers Ltd. (up 3.10%), Energy Development Company Ltd. (up 2.94%), Ravindra Energy Ltd. (up 2.58%), Jaiprakash Power Ventures Ltd. (up 2.11%), GMR Power and Urban Infra Ltd. (up 1.97%), RattanIndia Power Ltd. (up 1.74%), and ACME Solar Holdings Ltd. (up 1.67%).
Conversely, the top losers included Transformers & Rectifiers (India) Ltd. (down 3.98%), GE Vernova T&D India Ltd. (down 2.42%), Inox Wind Ltd. (down 2.12%), Power and Instrumentation (Gujarat) Ltd. (down 2.01%), Inox Wind Energy Ltd. (down 1.98%), KEC International Ltd. (down 1.82%), Hitachi Energy India Ltd. (down 1.77%), JSW Energy Ltd. (down 1.55%), Reliance Power Ltd. (down 1.54%), and NTPC Green Energy Ltd. (down 1.32%).
At approximately 10:40 AM, the NSE Nifty50 index was down by 198.55 points, standing at 23,320.8, while the 30-share BSE Sensex decreased by 871.05 points to reach 76,543.87.
In the Nifty pack, notable gainers included Trent Ltd. (up 5.14%), IndusInd Bank Ltd. (up 4.95%), Bajaj Auto Ltd. (up 1.81%), Hero MotoCorp Ltd. (up 1.56%), Dr. Reddy's Laboratories Ltd. (up 1.42%),
HDFC Life Insurance Company Ltd. (up 1.3%), Adani Enterprises Ltd. (up 1.26%), Bharat Petroleum Corporation Ltd. (up 1.25%), Cipla Ltd. (up 1.18%), and Tata Consumer Products Ltd. (up 0.69%).
On the downside, Infosys Ltd. (down 3.0%), HCL Technologies Ltd.