The market is trading on an upbeat note. Nifty 50 was trading at 11320.30 (73.2, 0.7%) , BSE Sensex was trading at 38271.21 (220.4, 0.6%) while the broader Nifty 500 was trading at 9334.35 (0.72%).
Market breadth is highly positive. Of the 1662 stocks traded today, 1098 were in the positive territory and 485 were negative.
Riding High:
Largecap and midcap gainers today include DLF Ltd. (158.70, 7.85%), Adani Enterprises Ltd. (212.00, 7.18%) and Ashok Leyland Ltd. (67.10, 7.02%).
Downers:
Largecap and midcap losers today include Edelweiss Financial Services Ltd. (72.45, -3.59%), RBL Bank Ltd. (179.65, -2.10%) and Piramal Enterprises Ltd. (1417.00, -2.04%).
Movers and Shakers
15 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Birlasoft Ltd. (173.55, 15.58%), Sunteck Realty Ltd. (234.05, 9.60%) and Minda Corporation Ltd. (80.60, 9.36%).
Time Technoplast Ltd. (41.45, 6.83%) was trading at 11.7 times of weekly average. Gujarat Alkalies & Chemicals Ltd. (346.70, 8.04%) and Oberoi Realty Ltd. (363.10, 3.64%) were trading with volumes 10.6 and 5.5 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
13 stocks overperformed with 52 week highs,
Stocks touching their year highs included - Emami Ltd. (349.40, -0.74%), J B Chemicals & Pharmaceuticals Ltd. (793.50, 2.13%) and Jindal Steel & Power Ltd. (223.00, -0.27%).
24 stocks climbed above their 200 day SMA including Ashok Leyland Ltd. (67.10, 7.02%) and Grasim Industries Ltd. (668.95, 6.97%). 2 stocks slipped below their 200 SMA including NBCC (India) Ltd. (27.20, -1.09%) and Power Grid Corporation of India Ltd. (178.80, 0.08%).
