The market is trading on an upbeat note, with major stocks and indices continue to gain in a wave of optimism across Asian markets. Market breadth is horizontal. Of the 2571 stocks traded today, 1480 were on the uptrend, and 941 went down.
Riding High:
Largecap and midcap gainers today include IPCA Laboratories Limited (450.55 7.27%), IndusInd Bank Limited (1795.40 5.84%) and Petronet LNG Limited (236.65 5.60%).
Downers:
Largecap and midcap losers today include Jaiprakash Associates Limited (22.15 -5.14%), Cadila Healthcare Limited (483.35 -3.89%) and Vakrangee Limited (461.00 -3.13%).
Movers and Shakers
16 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Bajaj Electricals Limited (366.00 5.95%), Videocon Industries Limited (19.90 4.74%) and Siemens Limited (1339.00 4.45%).
Top high volume losers on BSE were TVS Srichakra Limited (3215.00 -0.62%), Ajanta Pharma Limited (1189.60 -0.37%) and Bharti Infratel Limited (369.40 -0.07%).
Orient Cement Limited (163.50 2.83%) was trading at 86.9 times of weekly average. Zee Entertainment Enterprises Limited (522.75 0.92%) and Relaxo Footwears Limited (525.00 3.39%) were trading with volumes 42.7 and 8.7 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
29 stocks hit their 52 week highs, while 3 stocks hit their 52 week lows.
Stocks touching their year highs included - Ashok Leyland Limited (116.90 1.61%), Bajaj Finserv Limited (5755.00 2.82%) and Bata India Limited (715.05 3.31%).
Stocks making new 52 weeks lows included - Bank of Maharashtra (26.10 -3.33%) and Glenmark Pharmaceuticals Limited (573.95 -1.17%).
9 stocks climbed above their 200 day SMA including The Indian Hotels Company Limited (119.35 3.96%) and Oil India Limited (325.00 3.54%). 6 stocks slipped below their 200 SMA including CCL Products (India) Limited (298.10 -1.50%) and Oracle Financial Services Software Limited (3496.00 -1.47%).
