After sharp gains yesterday, the SENSEX logged a 0.59% fall in early trading. Profit booking by traders in key segments including banking and capgoods drove the drop. Geopolitical upheaval also drove Asian markets down, after Japan said that North Korea had fired a missile over the country.
Market breadth is horizontal. Of the 1579 stocks traded today, 600 were on the uptrend, and 908 went down.
Riding High:
Largecap and midcap gainers today include Reliance Infrastructure Limited (511.80 5.90%), Blue Dart Express Limited (4237.00 2.99%) and Bayer Cropscience Limited (4167.00 2.45%).
Downers:
Largecap and midcap losers today include NTPC Limited (168.10 -2.66%), Shriram City Union Finance Limited (2140.00 -2.38%) and Jaiprakash Associates Limited (23.00 -2.13%).
BSE 500: highs, lows and moving averages
7 stocks made 52 week highs, while 3 stocks were underachievers and hit their 52 week lows.
Stocks touching their year highs included - Bajaj Finance Limited (1798.10 -1.53%), Bajaj Holdings & Investment Limited (2913.00 2.26%) and CESC Limited (1014.45 -0.56%).
Stocks making new 52 weeks lows included - FDC Limited (166.90 -0.71%) and Lycos Internet Limited (5.92 -4.21%).
3 stocks climbed above their 200 day SMA including Entertainment Network (India) Limited (844.90 4.96%) and Engineers India Limited (EIL) (154.85 1.08%). 6 stocks slipped below their 200 SMA including Firstsource Solutions Limited (37.30 -1.84%) and Punjab National Bank (142.85 -1.48%).
