Markets closed on a low note, with the BSE Sensex falling over 1% to close at 31213.59. Market breadth is neutral. Of the 2591 stocks traded today, 887 were gainers and 1560 were losers. Political tensions coupled with weak earnings for key stocks including TVS Motor and SBI pulled the markets down.
Riding High:
Largecap and midcap gainers today include Jubilant Life Sciences Limited (683.55 6.36%), Jindal Steel & Power Limited (129.05 4.75%) and Tata Global Beverages Limited (163.40 4.34%).
Downers:
Largecap and midcap losers today include Central Bank of India (73.05 -10.97%), Strides Shasun (873.00 -9.06%) and Jaiprakash Associates Limited (21.45 -8.14%).
Crowd Puller Stocks
35 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included TV Today Network Limited (248.50 14.89%), MOIL Limited (340.00 3.39%) and BEML Limited (1570.00 3.15%).
Top high volume losers on BSE were J.Kumar Infraprojects Limited (226.95 -20.37%), Indo Count Industries Limited (115.10 -13.39%) and Central Bank of India (73.05 -10.97%).
HCL Technologies Limited (872.00 -1.13%) was trading at 102.4 times of weekly average. Techno Electric & Engineering Company Limited (350.05 -2.74%) and Amara Raja Batteries Limited (795.05 -0.48%) were trading with volumes 39.9 and 21.7 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
48 stocks tanked below their 52 week lows.
Stocks making new 52 weeks lows included - Aban Offshore Limited (162.90 -2.86%) and Amara Raja Batteries Limited (795.05 -0.48%).
16 stocks climbed above their 200 day SMA including Sun TV Network Limited (708.10 4.15%) and Bliss GVS Pharma Limited (164.00 3.80%). 29 stocks slipped below their 200 SMA including J.Kumar Infraprojects Limited (226.95 -20.37%) and Manappuram Finance Limited (85.90 -9.20%).
