Markets are up in morning trade and breadth is balanced. Of the 362 stocks traded today, 149 were in the positive territory and 174 were negative.
- Moody says it is reviewing YES Bank's rating for a downgrade, citing significant pressure on Yes Bank's asset quality and profitability.
- Markets are trading higher in the afternoon, hitting day highs
- PC Jeweller, Sterlite Tech among top gainers in markets
- Tata Motors' Jaguar sales continue to struggle, with Jaguar Land Rover sales falling12.2% on a yearly basis to 42,370 units in May.
BSE 500: highs, lows and moving averages
Stock touching their year highs included - Nestle India Ltd. (11770.05 0.44%).
4 stocks climbed above their 200 day SMA including ITI Ltd. (94.35 0.91%) and SKF India Ltd. (1904.95 0.26%). 11 stocks slipped below their 200 SMA including Mahanagar Gas Ltd. (877.00 -1.37%) and NBCC (India) Ltd. (58.10 -1.19%).