Market breadth is surging up, as the Sensex rose on institutional buying. Of the 1614 stocks traded today, 1062 were on the uptick, and 472 were down. Infosys however continued to slide down even after the Board approved a share buyback of up to Rs. 13,000 crore.
Riding High:
Largecap and midcap gainers today include Vedanta (Sesa Sterlite Limited) (305.45 2.45%), NMDC Limited (123.40 2.28%) and Hindalco Industries Limited (235.05 2.22%).
Downers:
Largecap and midcap losers today include Ajanta Pharma Limited (1178.05 -2.33%), Procter & Gamble Hygiene and Health Care Limited (8055.60 -1.79%) and Info Edge (India) Limited (941.35 -1.58%).
BSE 500: highs, lows and moving averages
9 stocks overperformed with 52 week highs, while 2 stocks tanked below their 52 week lows.
Stocks touching their year highs included - Container Corporation of India Limited (1270.50 1.28%), Deepak Fertilizers and Petrochemicals Corporation Limited (388.70 0.18%) and JSW Steel Limited (240.05 1.14%).
Stocks making new 52 weeks lows included - Infosys Limited (908.60 -1.57%) and YAMINI INVESTMENTS COMPANY LTD. (16.55 0.00%).
6 stocks climbed above their 200 day SMA including Jubilant Life Sciences Limited (714.30 1.41%) and Granules India Limited (128.15 1.10%). 1 stock slipped below their 200 SMA including Triveni Turbine Limited (129.85 -0.92%).