Markets had a muted day overall as investors await GDP data, and breadth is balanced. Of the 1303 stocks traded today, 627 were on the uptick, and 532 were down. Infosys saw 17.9 lakh shares change hands in a block deal on BSE. Share price for IT companies has been gaining as the rupee loses altitude against the dollar. Reliance Communications saw 13 lakh shares change hands in a block.
Riding High:
Largecap and midcap gainers today include Info Edge (India) Ltd. (1668.35 6.37%), MindTree Ltd. (1116.00 5.88%) and GMR Infrastructure Ltd. (21.15 5.75%).
Downers:
Largecap and midcap losers today include Vakrangee Ltd. (38.45 -8.23%), YES Bank Ltd. (343.50 -4.82%) and Tata Communications Ltd. (541.00 -3.75%).
Volume Shockers
33 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Welspun India Ltd. (75.75 10.34%), Hatsun Agro Products Ltd. (782.00 7.64%) and Network 18 Media & Investments Ltd. (48.20 6.99%).
Top high volume losers on BSE were Techno Electric & Engineering Company Ltd. (258.00 -9.41%), Vakrangee Ltd. (38.45 -8.23%) and YES Bank Ltd. (343.50 -4.82%).
GE Power India Ltd. (760.00 -0.67%) was trading at 14.7 times of weekly average. Page Industries Ltd. (34423.30 -2.11%) and Vardhman Textiles Ltd. (1100.00 0.36%) were trading with volumes 10.9 and 8.5 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
25 stocks made 52 week highs, while 5 stocks hit their 52 week lows.
Stocks touching their year highs included - Abbott India Ltd. (8322.00 4.04%), Atul Ltd. (3240.00 -2.56%) and City Union Bank Ltd. (202.65 0.07%).
Stocks making new 52 weeks lows included - DB Corp Ltd. (223.15 -1.13%) and eClerx Services Ltd. (1066.00 -1.21%).
21 stocks climbed above their 200 day SMA including Hatsun Agro Products Ltd. (782.00 7.64%) and Phoenix Mills Ltd. (635.80 4.70%). 9 stocks slipped below their 200 SMA including Lux Industries Ltd. (1717.00 -2.72%) and IDFC Bank Ltd. (47.60 -2.56%).
