Upbeat trading today, as markets closed 0.51% higher. Auto sales in August were strong, and newly released manufacturing data was positive, boosting investor sentiment.
Market breadth is balanced. Of the 2659 stocks traded today, 1513 were on the uptrend, and 987 went down.
Riding High:
Largecap and midcap gainers today include Sun TV Network Limited (768.00 10.04%), Dr. Reddy's Laboratories Limited (2205.35 9.15%) and Central Bank of India (95.00 7.59%).
Downers:
Largecap and midcap losers today include Kansai Nerolac Paints Limited (492.00 -3.55%), Supreme Industries Limited (1188.00 -2.94%) and Idea Cellular Limited (88.70 -2.53%).
Movers and Shakers
38 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Himachal Futuristic Communications Limited (20.75 15.92%), Sun TV Network Limited (768.00 10.04%) and Ashiana Housing Limited (179.90 9.96%).
Top high volume losers on BSE were Kansai Nerolac Paints Limited (492.00 -3.55%), Gujarat State Petronet Limited (187.00 -2.07%) and Welspun Corp Limited (137.45 -1.86%).
Nesco Limited (2418.00 1.38%) was trading at 44.4 times of weekly average. Steel Authority of India Limited (62.10 2.22%) and Mcleod Russel India Limited (174.00 -1.28%) were trading with volumes 17.6 and 10.7 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
34 stocks overperformed with 52 week highs, while 3 stocks tanked below their 52 week lows.
Stocks touching their year highs included - Ambuja Cements Limited (281.25 0.23%), Bharat Petroleum Corporation Limited (534.00 1.03%) and Blue Star Limited (758.85 -0.06%).
Stocks making new 52 weeks lows included - JB Chemicals & Pharmaceuticals Limited (275.40 -0.34%) and Religare Enterprises Limited (44.90 -9.93%).
17 stocks climbed above their 200 day SMA including Sun TV Network Limited (768.00 10.04%) and Central Bank of India (95.00 7.59%). 4 stocks slipped below their 200 SMA including kwality limited (140.95 -5.24%) and Sadbhav Engineering Limited (285.15 -2.96%).
