Markets ended the day flat, while overall breadth is even. Of the 1156 stocks traded today, 450 were in the positive territory and 593 were negative. Reliance Industries and Sun Pharmaceutical Industries moved in opposite directions, with the pharma company under siege via a second whistleblower complaint that has landed with a thud (its over 170 pages) on SEBI's desk. While some FIIs are reportedly liquidating their positions on Sun Pharma, other large investors are waiting for more clarity on the corporate governance issues.
Largecap and midcap gainers today include Reliance Industries Ltd. (1184.35 4.40%), Wipro Ltd. (346.15 3.21%) and Gujarat State Petronet Ltd. (182.45 2.64%).
Largecap and midcap losers today include Sun Pharmaceutical Industries Ltd. (390.75 -8.39%), Sun TV Network Ltd. (525.20 -7.04%) and Bharti Airtel Ltd. (311.15 -6.29%).
Movers and Shakers
33 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included KRBL Ltd. (379.90 12.03%), Indiabulls Integrated Services Ltd. (367.25 4.99%) and Reliance Industries Ltd. (1184.35 4.40%).
Top high volume losers on BSE were Linde India Ltd. (614.10 -20.00%), Sun Pharma Advanced Research Company Ltd. (148.25 -13.66%) and Phillips Carbon Black Ltd. (183.65 -11.56%).
Galaxy Surfactants Ltd. (1181.00 0.51%) was trading at 42.2 times of weekly average. Cyient Ltd. (612.10 -2.76%) and Future Lifestyle Fashions Ltd. (407.35 4.36%) were trading with volumes 22.2 and 21.5 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
2 stocks hit their 52 week highs, while 9 stocks hit their 52 week lows.
Stocks touching their year highs included - Apollo Hospitals Enterprise Ltd. (1366.30 0.99%) and Wipro Ltd. (346.15 3.21%).
Stocks making new 52 weeks lows included - Ashok Leyland Ltd. (92.30 -1.02%) and Deepak Fertilisers & Petrochemicals Corporation Ltd. (130.55 -5.47%).
34 stocks climbed above their 200 day SMA including KRBL Ltd. (379.90 12.03%) and Future Lifestyle Fashions Ltd. (407.35 4.36%). 31 stocks slipped below their 200 SMA including Au Small Finance Bank Ltd. (622.20 -5.01%) and IDBI Bank Ltd. (58.20 -4.12%).