The BSE signnage on top of the Exchange building has broken apart due to heavy rainfall.
Pi Industries hits a fresh year high today on a strong June quarter performance.
Market breadth is in the green. Of the 1672 stocks traded today, 1001 were in the positive territory and 589 were negative.
Godrej Consumer is lower today after it reported an adjusted profit of 300 crore for Q1FY21, lower than analyst estimates of 315 crore
Cadila Healthcare is lower today after the company's Q1FY21 results showed a dip in overall revenues QoQ.
Granules India hits another lifetime high today.
Pi Industries is up after a strong quarter performance. The agribusiness company recorded a 40%+ rise in revenues and a 38%+ increase in net profits YoY.
Upbeat trading in markets today, as Nifty 50 was trading at 11183.05 (87.8, 0.8%) , BSE Sensex was trading at 38059.09 (371.2, 1.0%) while the broader Nifty 500 was trading at 9151.00 (76.1, 0.8%). Market breadth is overwhelmingly positive. Of the 1464 stocks traded today, 1062 showed gains, and 313 showed losses.
The Government of Singapore buys shares in IRB Infrastructure Developers.
A day for new CEOs: SBI Cards & Payment Services says that Ashwini Kumar Tewari has taken charge as the company's new Managing Director and CEO. The RBI also approved Sashidhar Jagdishan's appointment as HDFC Bank's new MD and CEO.
Movers and Shakers
41 stocks in BSE 500 are trading on high volumes today.
TCNS Clothing Co. Ltd. (329.50, 0.76%) was trading at 22.3 times of weekly average. Symphony Ltd. (850.00, 1.37%) and Hawkins Cookers Ltd. (4240.00, 2.85%) were trading with volumes 6.2 and 6.2 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
21 stocks hit their 52 week highs,
23 stocks climbed above their 200 day SMA including Hindalco Industries Ltd. (175.75, 8.25%) and Jyothy Labs Ltd. (141.50, 7.89%). 7 stocks slipped below their 200 SMA including Can Fin Homes Ltd. (369.65, -2.66%) and Trent Ltd. (548.60, -2.12%).