Power shares May 7th; KEC International  Ltd tanks almost 5%

Power shares May 7th; KEC International  Ltd tanks almost 5%

Power shares May 7th; KEC International  Ltd tanks almost 5%

Power shares May 7th: On, Thursday, both Sensex and Nifty reported a bearish trend in the stock market after bullish reports in the last session. The Sensex is trading below 31,500 level, and Nifty is trading below the 9,300 level in the stock market. The Sensex lost 242.37 points with a 0.76% decrease and reached a 31,443.38 level. While Nifty lost 71.85 points with a 0.78% decrease and reached 9,199.05 level.

On the other side, the number of coronavirus cases in India reached 52,952 as of Wednesday, May 7th, and deaths reached 1,783.

Besides, the Nifty Energy share reported a bearish trend in the stock market on Thursday, May 7th. It lost 83.00 points with a 0.64% increase and a 12,829.40 level. The list of companies trading bearishly in the stock market are as follows:

Thermax Limited: The company closed its bearish trend in the stock market on Thursday. It lost 11.95 points with a 1.67% decrease and reached 701.90 INR. While in BSE, the company lost 15.10 points with a 2.11% decrease and reached 699.25 INR. 

ABB India Ltd: The company closed its bearish trend in the stock market on Thursday. It lost 9.65 points with a 1.11% decrease and reached 859.90 INR. While in BSE, the company lost 13.25 points with a 1.52% decrease and reached 856.90 INR. 

Power Grid Corporation of India Limited: The company closed its bearish trend in the stock market on Thursday. It lost 4.20 points with a 2.54% decrease and reached 161.20 INR. While in BSE, the company lost 3.85 points with a 2.33% decrease and reached 161.65 INR. 

Kalpataru Power Transmission Limited: The company closed its bearish trend in the stock market on Thursday. It lost 2.65 points with a 1.29% decrease and reached 202.30 INR. While in BSE, the company lost 2.40 points with a 1.17% decrease and reached 202.45 INR. 

Torrent Power Ltd: The company closed its bearish trend in the stock market on Thursday. It lost 6.20 points with a 1.88% decrease and reached 322.75 INR. While in BSE, the company lost 7.05 points with a 2.14% decrease and reached 321.75 INR. 

KEC International Ltd: The company closed its bearish trend in the stock market on Thursday. It lost 9.25 points with a 4.78% decrease and reached 198.30 INR. While in BSE, the company lost 9.35 points with a 4.49% decrease and reached 198.85 INR. 

Adani Power Ltd: The company closed its bearish trend in the stock market on Thursday. It lost 0.050 points with a 0.16% decrease and reached 30.60 INR. While in BSE, the company lost 0.10 points with a 0.33% decrease and reached 30.55 INR. 

The Top gainers in the Nifty Energy sector on May 7th stock market is as follows: 

Tata Power Company Limited: The company closed its bullish trend in the stock market on Thursday. It gained 0.050 points with a 0.17% increase and reached 29.05 INR. 

Bharat Heavy Electricals Limited: The company trading bullish in the stock market on Thursday. However, the company gained 0.05 points with a 0.22% increase and reached 23.05 INR. While in BSE, the company gained 0.10 points with a 0.43% increase and reached 23.10 INR.

In the border market, the S&P BSE Smallcap index reported a bearish trend in the stock market on Thursday. It lost 14.56 points with a 0.14% decrease and reached a 10,686.75 level. The S&P BSE Midcap index lost 60.90 points with a 0.53% decrease and reached an 11,419.68 level. While Nifty Bank lost 202.75 points with a 1.03% decrease and reached 19,491.80 level.

Top Gainers on May 7th: Bharti Infratel, Indusind Bank, Adani Ports, JSW Steel, and M&M are the top gainers in the stock market. 

Top Losers on May 7th: ONGC, NTPC, BPCL, Kotak Mahindra, and Zee Entertainment are the top losers in the stock market.

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