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Latest Update on Stock Market: Power Stocks Go Up as Market Crashes

08 September 20236 mins read by Angel One
Latest Update on Stock Market: Power Stocks Go Up as Market Crashes
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Power Stocks Trading – Top Gainers and Losers

Below is a tabular representation of the top gainers in the stock market on 29 December 2021.

Name of the Stock

Up by

Rectifiers

8.76%

Energy Development Company

4.96%

Karma Energy

4.95%

Indowind Energy

4.89%

Orient Green Power Company

4.75%

NTL

4.69%

RTNPOWER

4.65%

Suzlon Energy

4.49%

Hitachi Energy India

4.16%

On the other hand, some of the top losers were:

Name of the Stock

Down by

Jaiprakash Power Ventures

1.56%

Jyoti Structures

1.37%

Power Grid Corporation of India

0.78%

Inox Wind

0.70%

Adani Green

0.55%

Adani Transmissions

0.50%

K.P.I Global Infras

0.49%

NTPC

0.48%

Voltamp Transformers

0.48%

Torrent Power

0.44%

Moreover, in the Nifty pack, the following were the top gainers:

Name of the Stock

Up by

IndusInd Bank

1.54%

Dr. Reddy’s Laboratories

1.31%

Sun Pharmaceutical Industries

1.01%

Divis Laboratories

0.99%

ICICI Bank

0.78%

Cipla

0.77%

Titan Company Ltd.

0.66%

Hindustan Unilever

0.23%

Wipro

0.20%

Bharti Airtel

0.19%

Here are a few stocks that were trading in red in the Nifty pack:

Name of the Stock

Down by

Tata Steel

1.45%

JSW Steel

1.35%

Hindalco Industries

1.13%

Indian Oil Corporation

1.02%

Coal India

0.94%

ITC

0.82%

Oil and Natural Gas Corporation

0.82%

Tata Motors

0.8%

Power Grid Corporation of India

0.75%

Britannia Industries

0.65%

Bottom Line

Indian benchmark indices closed negatively on Wednesday, 29 December 2021, after a volatile session. However, the pharmacy and automobile sectors were the top gainers in the NSE, while oil & gas and metal indices ended on the lower side.

Frequently Asked Questions

  1. What was the fall in Sensex and Nifty50 on Wednesday?

On 29 December 2021, BSE’s Sensex fell by 8.1 points to reach 57,889.38. At the same time, NSE’s Nifty50 fell by 12.6 points to reach 17,220.65.

  1. How much did pharma and auto indices gain?

Pharma indices jumped by over 1.5%, and auto indices gained around 0.42% on the same day.

  1. How many stocks in the Sensex traded in red on Wednesday?

Out of 30 stocks, 18 were trading in red on Wednesday, 29 December 2021.

Disclaimer: This blog is exclusively for educational purposes and does not provide any advice/tips on investment or recommend buying and selling any stock.

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