The Sensex is up on morning trade, and market breadth is ticking up strongly. Of the 1708 stocks traded today, 1096 showed gains, and 530 showed losses. Bharti Airtel announced Q1 results yesterday that disappointed investors, with average revenue per user slipping QoQ as it works to match Jio's low-cost subscriber plans.
Riding High:
Largecap and midcap gainers today include Alstom T&D India Limited (392.90 19.15%), Jaiprakash Associates Limited (28.90 7.43%) and Sun Pharma Advanced Research Company Limited (345.50 4.82%).
Downers:
Largecap and midcap losers today include Pidilite Industries Limited (803.85 -2.57%), Wockhardt Limited (621.60 -2.10%) and Bharti Infratel Limited (409.00 -1.81%).
BSE 500: highs, lows and moving averages
20 stocks overperformed with 52 week highs, while 1 stock hit their 52 week lows.
Stocks touching their year highs included - Adani Ports and Special Economic Zone Limited (393.70 0.99%), Aditya Birla Nuvo Limited (1887.30 -1.67%) and Alstom T&D India Limited (392.90 19.15%).
Stock making new 52 weeks lows included - YAMINI INVESTMENTS COMPANY LTD. (18.10 -1.90%).
6 stocks climbed above their 200 day SMA including HCL Infosystems Limited (53.50 6.15%) and La Opala RG Limited (525.25 4.63%).