The Sensex closed lower today after a week of record gains for the markets. Market breadth is balanced. Of the 2740 stocks traded today, 1206 were in the positive territory and 1359 were negative. Stocks including Dr. Reddy's Laboratories Limited and ICICI Bank saw losses in share price after weak results for the June quarter.
Riding High:
Largecap and midcap gainers today include Reliance Capital Limited (717.40 8.84%), JSW Energy Limited (72.05 6.90%) and L&T Finance Holdings Limited (170.05 5.46%).
Downers:
Largecap and midcap losers today include Dr. Reddy's Laboratories Limited (2462.05 -6.08%), Lupin Limited (1062.85 -4.34%) and Sun Pharmaceuticals Industries Limited (550.80 -3.89%).
Movers and Shakers
37 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Elgi Equipments Limited (245.00 11.11%), Radico Khaitan Limited (138.90 8.86%) and Reliance Capital Limited (717.40 8.84%).
Top high volume losers on BSE were JBF Industries Limited (227.00 -11.57%), The India Cements Limited (202.60 -6.23%) and Dr. Reddy's Laboratories Limited (2462.05 -6.08%).
Syngene International Limited (483.50 -0.46%) was trading at 60.3 times of weekly average. Eveready Industries India Limited (312.50 -3.55%) and Siti Cable Network Limited (26.00 0.19%) were trading with volumes 31.2 and 30.0 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
26 stocks took off, crossing 52 week highs, while 3 stocks tanked below their 52 week lows.
Stocks touching their year highs included - Adani Ports and Special Economic Zone Limited (396.00 1.02%), Aditya Birla Nuvo Limited (1887.30 -1.67%) and Asahi India Glass Limited (280.00 3.21%).
Stocks making new 52 weeks lows included - Ajanta Pharma Limited (1424.95 1.05%) and Siti Cable Network Limited (26.00 0.19%).
11 stocks climbed above their 200 day SMA including Essel Propack Limited (252.40 5.06%) and IRB Infrastructure Developers Limited (225.95 3.81%). 6 stocks slipped below their 200 SMA including JBF Industries Limited (227.00 -11.57%) and INOX Leisure Limited (252.15 -2.49%).