Gloom in markets as the BSE Sensex logs a 0.81% fall in early trading, with selloff happening across Asian markets with rising tensions between the US and North Korea.
President Trump suggested yesterday that his earlier statements may have not been aggressive enough against North Korea. US Secretary of State Tillerson reached Guam, which North Korea has threatened to attack, to assess the situation there.
Market breadth is overwhelmingly negative. Of the 1901 stocks traded today, 217 were gainers and 1631 were losers.
Riding High:
Largecap and midcap gainers today include Natco Pharma Limited (723.40 3.84%), Tata Communications Limited (610.00 2.30%) and Sun TV Network Limited (693.45 1.99%).
Downers:
Largecap and midcap losers today include Jaiprakash Associates Limited (20.80 -10.92%), Union Bank of India (125.65 -6.55%) and Adani Power Limited (27.05 -5.91%).
BSE 500: highs, lows and moving averages
44 stocks were underachievers and hit their 52 week lows.
Stocks making new 52 weeks lows included - Aban Offshore Limited (163.20 -2.68%) and Amara Raja Batteries Limited (791.25 -0.95%).
1 stock climbed above their 200 day SMA including MOIL Limited (341.55 3.86%). 25 stocks slipped below their 200 SMA including J.Kumar Infraprojects Limited (226.95 -20.37%) and Manappuram Finance Limited (86.60 -8.46%).
