Stock Market Sectors: Power stocks decline as market drops

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Power stocks were trading lower on Monday morning, with several companies experiencing a decline in their stock prices. Torrent Power Ltd., KEC International Ltd., NLC India Ltd., Kalpataru Projects International Ltd., and Indowind Energy Ltd. were among the top gainers, while Inox Wind Ltd., Jyoti Structures Ltd., and Inox Wind Energy Ltd. were among the top losers.

The NSE Nifty50 index was down 67.0 points at 22426.55, while the BSE Sensex was down 263.67 points at 73855.72 around 11:10AM. Nestle India Ltd., Bharti Airtel Ltd., and Bharat Petroleum Corporation Ltd. were among the top gainers in the Nifty pack, while Tata Consumer Products Ltd., Tata Steel Ltd., and Power Grid Corporation of India Ltd. were trading in the red.

Overall, the power sector saw a mixed performance in the stock market, with some companies experiencing gains while others faced losses. Investors will be closely monitoring the market trends to make informed decisions on their investments in the sector.

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