Trendlyne Blog: Trendlyne Marketwatch, Latest on stock market and finance in India and the world.

29 Jul 2020

The Midday Market View, Jul 29, 2020

Nifty 50 was trading at 11286.10 (-14.5, -0.1%) , BSE Sensex was trading at 38386.13 (-106.8, -0.3%) while the broader Nifty 500 was trading at 9153.90 (12.2, 0.1%)

Market breadth is in the green. Of the 1632 stocks traded today, 996 were gainers and 550 were losers.

Riding High:

Largecap and midcap gainers today include Adani Gas Ltd. (157.80, 8.01%), Adani Enterprises Ltd. (184.05, 6.05%) and Jubilant Life Sciences Ltd. (774.00, 5.31%).

Downers:

Largecap and midcap losers today include Au Small Finance Bank Ltd. (746.40, -5.00%), Piramal Enterprises Ltd. (1426.65, -2.89%) and GMR Infrastructure Ltd. (22.80, -2.77%).

Crowd Puller Stocks

10 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Tata Coffee Ltd. (93.90, 12.73%), Adani Gas Ltd. (157.80, 8.01%) and Adani Enterprises Ltd. (184.05, 6.05%).

Westlife Development Ltd. (363.70, 3.74%) was trading at 12.0 times of weekly average. Esab India Ltd. (1413.00, 5.87%) and Repco Home Finance Ltd. (153.10, 4.97%) were trading with volumes 11.7 and 8.0 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

10 stocks hit their 52 week highs,

Stocks touching their year highs included - Jubilant Life Sciences Ltd. (774.00, 5.31%), Multi Commodity Exchange of India Ltd. (1722.05, 1.38%) and Syngene International Ltd. (465.55, 2.30%).

30 stocks climbed above their 200 day SMA including Tata Coffee Ltd. (93.90, 12.73%) and UCO Bank (14.05, 6.44%). 4 stocks slipped below their 200 SMA including Orient Cement Ltd. (65.70, -1.79%) and Maruti Suzuki India Ltd. (6201.00, -1.30%).

Trendlyne Marketwatch

28 Jul 2020

LIVE: Reliance looks at $3 billion price tag for Future Group, Escorts gains

Reliance Industries, in its ongoing bid to dominate multiple industries, will reportedly pay upto $3.6 billion for the retail chains owned by the Future Group. Reliance has raised over $20 billion recently from multinational firms and funds in the last six months.
The market closed on an upbeat note. Nifty 50 closed at 11292.00 (160.2, 1.4%) , BSE Sensex closed at 38492.95 (558.2, 1.5%) while the broader Nifty 500 closed at 9136.75 (111.9, 1.2%)
Market breadth is neutral. Of the 1659 stocks traded today, 775 showed gains, and 801 showed losses.
NBFC Manappuram Finance says that it is raising an additional Rs. 500 crore of capital, via private placement bonds.
Kotak Bank is rising today on June quarter results. The management expressed caution on the post-Covid recovery, saying they expect business to near 2019 levels only by the fourth quarter of FY21.
Despite the buzz of a strong rural economy in the midst of COVID19, Escorts saw weak tractor sales, and its June quarter was primarily saved by reductions in operating expenses.
Tech Mahindra has reported a marginal rise in first-quarter profits, and is rising post its Q1 performance.
Edelweiss is a BUY on ICICI Bank with a target price of Rs. 525.
HDFC Securities is a BUY on KEC International, noting its well-diversified order book and signs of demand recovery.
Upbeat trading today, as Nifty 50 was trading at 11201.55 (69.8, 0.6%) , BSE Sensex was trading at 38209.42 (274.7, 0.7%) while the broader Nifty 500 was trading at 9078.90 (54, 0.6%). Market breadth is in the green. Of the 1459 stocks traded today, 911 showed gains, and 486 showed losses.

Riding High:

Largecap and midcap gainers today include GMR Infrastructure Ltd. (23.45, 8.82%), UltraTech Cement Ltd. (4136.35, 7.16%) and Apollo Hospitals Enterprise Ltd. (1599.20, 6.02%).

Downers:

Largecap and midcap losers today include Edelweiss Financial Services Ltd. (74.10, -4.76%), Havells India Ltd. (575.90, -3.24%) and Bharat Electronics Ltd. (96.55, -2.87%).

Movers and Shakers

19 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Thyrocare Technologies Ltd. (722.35, 14.25%), Prestige Estates Projects Ltd. (193.30, 12.03%) and Birlasoft Ltd. (117.70, 8.58%).

Top high volume losers on BSE were Maharashtra Seamless Ltd. (207.35, -6.93%), Va Tech Wabag Ltd. (126.15, -3.74%) and Aavas Financiers Ltd. (1325.00, -1.30%).

Advanced Enzyme Technologies Ltd. (172.20, 7.96%) was trading at 16.2 times of weekly average. PTC India Ltd. (52.40, 4.90%) and UltraTech Cement Ltd. (4136.35, 7.16%) were trading with volumes 5.8 and 5.2 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

13 stocks took off, crossing 52 week highs,

Stocks touching their year highs included - Deepak Fertilisers & Petrochemicals Corporation Ltd. (147.70, 2.82%), HCL Technologies Ltd. (712.45, 1.62%) and Mahindra & Mahindra Ltd. (620.35, 4.37%).

30 stocks climbed above their 200 day SMA including KEC International Ltd. (281.55, 7.40%) and UltraTech Cement Ltd. (4136.35, 7.16%). 10 stocks slipped below their 200 SMA including Heritage Foods Ltd. (279.05, -4.99%) and Edelweiss Financial Services Ltd. (74.10, -4.76%).

Trendlyne Marketwatch

28 Jul 2020

The Midday Market View, Jul 28, 2020

Markets are trading up today. Nifty 50 was trading at 11246.20 (114.4, 1.0%) , BSE Sensex was trading at 38326.25 (391.5, 1.0%) while the broader Nifty 500 was trading at 9105.05 (0.89%).

Market breadth is horizontal. Of the 1629 stocks traded today, 787 were in the positive territory and 758 were negative.

Riding High:

Largecap and midcap gainers today include GMR Infrastructure Ltd. (22.70, 5.34%), Future Retail Ltd. (105.20, 4.99%) and Apollo Hospitals Enterprise Ltd. (1581.00, 4.82%).

Downers:

Largecap and midcap losers today include Edelweiss Financial Services Ltd. (75.15, -3.41%), Havells India Ltd. (577.20, -3.02%) and Ajanta Pharma Ltd. (1445.00, -2.60%).

Volume Shockers

7 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Prestige Estates Projects Ltd. (189.00, 9.53%), Birlasoft Ltd. (116.25, 7.24%) and Advanced Enzyme Technologies Ltd. (168.20, 5.45%).

Top high volume losers on BSE were Maharashtra Seamless Ltd. (209.05, -6.17%) and Va Tech Wabag Ltd. (124.50, -5.00%).

JK Lakshmi Cement Ltd. (292.25, 3.41%) was trading at 3.6 times of weekly average. PTC India Ltd. (52.55, 5.21%) was trading with volume 3.3 times weekly average on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

11 stocks overperformed with 52 week highs,

Stocks touching their year highs included - Deepak Fertilisers & Petrochemicals Corporation Ltd. (146.55, 2.02%), HCL Technologies Ltd. (706.25, 0.73%) and MindTree Ltd. (1052.15, 0.20%).

25 stocks climbed above their 200 day SMA including Aster DM Healthcare Ltd. (136.65, 6.34%) and Birla Corporation Ltd. (596.70, 4.91%). 9 stocks slipped below their 200 SMA including Heritage Foods Ltd. (279.05, -4.99%) and Edelweiss Financial Services Ltd. (75.15, -3.41%).

Trendlyne Marketwatch

27 Jul 2020

LIVE: Persistent Systems jumps on results, HDFCSec a buy on KEC

Edelweiss is a BUY on ICICI Bank with a target price of Rs. 525.
HDFC Securities is a BUY on KEC International, noting its well-diversified order book and signs of demand recovery.
Bajaj Auto gains on introducing new financing plans for customers on specific bike models.
Kotak Mahindra Bank is lower today on its June quarter results. The bank saw its provision and contingencies jump 3X to Rs 962 crore in the June quarter compared Rs 317 crore in the same period last year.
Indian markets closed lower today. Nifty 50 closed at 11124.50 (-69.7, -0.6%) , BSE Sensex closed at 37934.73 (-194.2, -0.5%) while the broader Nifty 500 closed at 9019.60 (-66.4, -0.7%)
Market breadth is highly negative. Of the 1679 stocks traded today, 404 were on the uptick, and 1220 were down
Infosys hits a week high today, as investors see the IT behemoth becoming a competitive challenger to TCS for the top spot.
Pune-headquartered Persistent Systems is the top gainer in markets today after it reported a 9.5% rise YoY and 3.1% increase QoQ in revenues, with an increase in multi-year deals.
Tech stocks are among those hitting new year highs today - including Persistent Tech and HCL.
Steel company APL Apollo Tubes sees positive breakouts. See APL's strengths here.
Aarti Drugs rises sharply on March quarter results.
Motilal Oswal is a BUY on ICICI Bank, citing a Q1 performance in line with expectations, and higher provisions from money gained from stake sales.
Investor Mohnish Pabrai has sold over 1.89 million shares (over 2.2%) in Kaveri Seed Company via an SAST transaction. And Rakesh Jhunjhunwala has sold 200,000 shares in Escorts via an SAST transaciton.
Large number of share sales from corporate insiders in HDFC Bank - including from Managing Director Aditya Puri, who sold over 7.4 million shares.
Markets are lower in early trading, as investors focus on the rise of Covid19 cases and tensions between US and China. Nifty 50 was trading at 11154.00 (-40.2, -0.4%) , BSE Sensex was trading at 37985.81 (-143.1, -0.4%) while the broader Nifty 500 was trading at 9041.25 (-44.7, -0.5%). Market breadth is moving down. Of the 1524 stocks traded today, 443 were in the positive territory and 1001 were negative.

Riding High:

Largecap and midcap gainers today include Larsen & Toubro Infotech Ltd. (2414.00, 6.14%), Jindal Steel & Power Ltd. (176.85, 5.42%) and Future Retail Ltd. (100.20, 4.98%).

Downers:

Largecap and midcap losers today include Mahindra & Mahindra Financial Services Ltd. (128.80, -9.01%), ICICI Bank Ltd. (358.60, -6.08%) and REC Ltd. (101.00, -5.12%).

Crowd Puller Stocks

18 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Persistent Systems Ltd. (855.70, 10.95%), GMM Pfaudler Ltd. (4206.00, 5.86%) and Inox Leisure Ltd. (253.70, 5.75%).

Top high volume losers on BSE were Sheela Foam Ltd. (1415.00, -4.14%), Vaibhav Global Ltd. (1323.70, -1.92%) and Century Plyboards (India) Ltd. (126.20, -0.32%).

TCI Express Ltd. (727.05, 5.74%) was trading at 10.7 times of weekly average. Phoenix Mills Ltd. (589.15, 0.17%) and Supreme Industries Ltd. (1173.00, 3.35%) were trading with volumes 8.2 and 7.8 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

15 stocks overperformed with 52 week highs,

Stocks touching their year highs included - Coromandel International Ltd. (786.20, -1.67%), Deepak Fertilisers & Petrochemicals Corporation Ltd. (145.00, 8.49%) and HCL Technologies Ltd. (701.10, 3.11%).

9 stocks climbed above their 200 day SMA including TCI Express Ltd. (727.05, 5.74%) and Asian Paints Ltd. (1778.15, 3.86%). 30 stocks slipped below their 200 SMA including GHCL Ltd. (142.90, -6.02%) and Heritage Foods Ltd. (293.70, -5.00%).

Trendlyne Marketwatch

27 Jul 2020, 01:30PM

The Midday Market View, Jul 27, 2020

Nifty 50 was trading at 11161.20 (-33.0, -0.3%) , BSE Sensex was trading at 38024.55 (-104.4, -0.3%) while the broader Nifty 500 was trading at 9050.80 (-35.2, -0.4%)

Market breadth is moving down. Of the 1656 stocks traded today, 420 were gainers and 1173 were losers.

Riding High:

Largecap and midcap gainers today include Jindal Steel & Power Ltd. (176.75, 5.37%), MphasiS Ltd. (1174.75, 5.17%) and Future Retail Ltd. (100.20, 4.98%).

Downers:

Largecap and midcap losers today include Mahindra & Mahindra Financial Services Ltd. (131.30, -7.24%), Trent Ltd. (541.05, -6.30%) and ICICI Bank Ltd. (362.10, -5.16%).

Movers and Shakers

7 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Persistent Systems Ltd. (874.45, 13.38%), Inox Leisure Ltd. (257.15, 7.19%) and TCI Express Ltd. (718.70, 4.52%).

Top high volume loser on BSE was Vaibhav Global Ltd. (1320.70, -2.15%).

Phoenix Mills Ltd. (589.95, 0.31%) was trading at 6.6 times of weekly average. Lakshmi Machine Works Ltd. (2941.05, 2.99%) and Supreme Industries Ltd. (1171.45, 3.22%) were trading with volumes 6.0 and 5.9 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

14 stocks hit their 52 week highs,

Stocks touching their year highs included - Coromandel International Ltd. (785.00, -1.82%), Deepak Fertilisers & Petrochemicals Corporation Ltd. (138.40, 3.55%) and HCL Technologies Ltd. (697.35, 2.56%).

9 stocks climbed above their 200 day SMA including TCI Express Ltd. (718.70, 4.52%) and Hindustan Petroleum Corporation Ltd. (235.80, 3.24%). 27 stocks slipped below their 200 SMA including Trent Ltd. (541.05, -6.30%) and Heritage Foods Ltd. (293.70, -5.00%).

Trendlyne Marketwatch

25 Jul 2020, 10:08PM

LIVE: MD Aditya Puri sells HDFC Bank shares, Mohnish Pabrai sells in Kaveri Seed

Motilal Oswal is a BUY on ICICI Bank, citing a Q1 performance in line with expectations, and higher provisions from money gained from stake sales.
Investor Mohnish Pabrai has sold over 1.89 million shares (over 2.2%) in Kaveri Seed Company via an SAST transaction. And Rakesh Jhunjhunwala has sold 200,000 shares in Escorts via an SAST transaciton.
Large number of share sales from corporate insiders in HDFC Bank - including from Managing Director Aditya Puri, who sold over 7.4 million shares.
Tata Motors said JLR faces uncertainties in the economic environment. JLR's struggles include the fact that much of its market is in Europe, and the British made car may have trouble outside Covid in accessing customers, due to Brexit.
Reliance Industries continues to rise, surpassing Exxon as the world's second most valuable energy firm, with its market capitalization now crossing Rs. 14 trillion.
Elgi Equipments Chief Financial Officer Ragunathan Gunabooshanam has resigned. The company says it will be looking for and appointing a new CFO.
Mastek Limited saw a Golden Crossover today.
Asian Paints delivered a disappointing Q1FY21 result, with net profit falling 65% YoY and revenue declining 43% YoY.
Markets closed lower on Friday, although the major indices pared losses by late afternoon. Nifty 50 closed at 11194.15 (-21.3, -0.2%) , BSE Sensex closed at 38128.90 (-11.6, -0.0%) while the broader Nifty 500 closed at 9085.95 (-28.1, -0.3%). Market breadth is overwhelmingly negative. Of the 1661 stocks traded today, 529 were on the uptrend, and 1060 went down.
Atul is rising today on June quarter results, despite falling net profit and revenues YoY.
Markets are trending lower as tensions between US and China rise again, with China closing the US embassy in Chengdu after the US ordered the closure of the Chinese embassy in Houston. US officials say that police and firefighters found Chinese officials burning embassy documents in steel drums after the closure was announced. Secretary of State Mike Pompeo said that Chinese agents have been identified attempting to steal industry and state secrets from the US.
Sun Pharma is up today after its US arm Taro Pharmaceuticals resolved the antitrust cases the company was embroiled in.
Chem company Deepak Nitrite hits a fresh year high today ahead of its Q1FY21 results.
Axis Direct is a BUY on Can Fin Homes with a target of Rs. 424.
Biocon is lower today after the company posted a decline in net profit YoY in its Q1FY21 results.
Markets opened on a low note. Nifty 50 was trading at 11157.90 (-57.6, -0.5%) , BSE Sensex was trading at 37894.68 (-245.8, -0.6%) while the broader Nifty 500 was trading at 9081.20 (-32.9, -0.4%). Market breadth is in the red. Of the 1471 stocks traded today, 564 were on the uptrend, and 843 went down.

Riding High:

Largecap and midcap gainers today include MphasiS Ltd. (1117.00, 14.03%), Syngene International Ltd. (460.20, 5.09%) and Adani Green Energy Ltd. (336.30, 5.00%).

Downers:

Largecap and midcap losers today include Future Retail Ltd. (95.45, -4.98%), Mahindra & Mahindra Financial Services Ltd. (141.55, -4.74%) and Cholamandalam Investment & Finance Company Ltd. (212.35, -4.58%).

Volume Shockers

23 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included MphasiS Ltd. (1117.00, 14.03%), Deepak Nitrite Ltd. (592.85, 7.58%) and CSB Bank Ltd. (195.15, 5.63%).

Top high volume losers on BSE were Essel Propack Ltd. (194.35, -3.72%), Security and Intelligence Services (India) Ltd. (345.85, -3.34%) and Intellect Design Arena Ltd. (150.00, -3.32%).

PNC Infratech Ltd. (148.00, 5.60%) was trading at 14.7 times of weekly average. Parag Milk Foods Ltd. (91.80, 5.21%) and Kajaria Ceramics Ltd. (404.00, 2.15%) were trading with volumes 11.6 and 10.5 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

15 stocks overperformed with 52 week highs, while 1 stock tanked below their 52 week lows.

Stocks touching their year highs included - CCL Products India Ltd. (247.85, -1.31%), Granules India Ltd. (303.40, 8.11%) and HCL Technologies Ltd. (679.95, 4.15%).

Stock making new 52 weeks lows included - Omaxe Ltd. (65.70, 4.95%).

14 stocks climbed above their 200 day SMA including Edelweiss Financial Services Ltd. (81.35, 4.09%) and Zensar Technologies Ltd. (144.40, 2.89%). 20 stocks slipped below their 200 SMA including GHCL Ltd. (152.05, -5.44%) and Petronet LNG Ltd. (241.25, -4.19%).

Trendlyne Marketwatch

24 Jul 2020

The Midday Market View, Jul 24, 2020

Gloom in markets in mid day trading. Nifty 50 was trading at 11108.85 (-106.6, -1.0%) , BSE Sensex was trading at 37858.92 (-281.6, -0.7%) while the broader Nifty 500 was trading at 9029.20 (-84.9, -0.9%)

Market breadth is sharply down. Of the 1637 stocks traded today, 464 were on the uptick, and 1102 were down.

Riding High:

Largecap and midcap gainers today include MphasiS Ltd. (1093.80, 11.66%), Syngene International Ltd. (460.00, 5.05%) and Au Small Finance Bank Ltd. (791.80, 5.00%).

Downers:

Largecap and midcap losers today include Mahindra & Mahindra Financial Services Ltd. (140.95, -5.15%), Future Retail Ltd. (95.45, -4.98%) and Zee Entertainment Enterprises Ltd. (151.60, -4.62%).

Volume Rockets

9 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included MphasiS Ltd. (1093.80, 11.66%), PNC Infratech Ltd. (148.95, 6.28%) and Deepak Nitrite Ltd. (578.55, 4.98%).

Top high volume losers on BSE were TCNS Clothing Co. Ltd. (339.40, -3.00%) and Intellect Design Arena Ltd. (150.70, -2.87%).

Kajaria Ceramics Ltd. (408.75, 3.35%) was trading at 8.6 times of weekly average. Aarti Industries Ltd. (954.45, 3.55%) and Essel Propack Ltd. (210.50, 4.29%) were trading with volumes 5.4 and 5.1 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

11 stocks hit their 52 week highs, while 1 stock tanked below their 52 week lows.

Stocks touching their year highs included - Granules India Ltd. (292.45, 4.20%), HCL Technologies Ltd. (661.70, 1.36%) and JK Cement Ltd. (1520.55, -0.99%).

Stock making new 52 weeks lows included - Omaxe Ltd. (65.70, 4.95%).

13 stocks climbed above their 200 day SMA including Edelweiss Financial Services Ltd. (81.00, 3.65%) and Zensar Technologies Ltd. (144.15, 2.71%). 18 stocks slipped below their 200 SMA including Petronet LNG Ltd. (241.00, -4.29%) and GHCL Ltd. (154.60, -3.86%).

Trendlyne Marketwatch

23 Jul 2020

LIVE: Markets close higher, Dilip Buildcon up on order win

Markets rose in today's trading. Nifty 50 closed at 11215.45 (82.9, 0.7%) , BSE Sensex closed at 38140.47 (269.0, 0.7%) while the broader Nifty 500 closed at 9114.05 (67.5, 0.8%)

Market breadth is in the green. Of the 1658 stocks traded today, 861 were on the uptick, and 719 were down.

Natco Pharma, Pi Industries among stocks hitting fresh year highs today.

Dilip Buildcon jumps today on a Rs. 4167 crore order win.

Larsen & Toubro (L&T;) is not releasing guidance for FY21, the company said. CEO SN Subrahmanyan said that it is likely to "take 1.5-2 years more for private sector investment to come back”.

Rossari Biotech, which got across the board subscribe recommendations from analysts, listed with a strong debut today, jumping more than 60%.

SBI Life gets buy calls post results from Axis Bank, HDFC Sec, Nirmal Bang Institutional.

Markets are higher in early trading. Nifty 50 was trading at 11165.90 (33.3, 0.3%) , BSE Sensex was trading at 37931.76 (60.2, 0.2%) while the broader Nifty 500 was trading at 9087.80 (41.2, 0.5%). Market breadth is overwhelmingly positive. Of the 1475 stocks traded today, 1009 showed gains, and 404 showed losses.

Riding High:

Largecap and midcap gainers today include Natco Pharma Ltd. (728.95, 8.21%), Oberoi Realty Ltd. (406.80, 6.94%) and Motilal Oswal Financial Services Ltd. (710.45, 6.83%).

Downers:

Largecap and midcap losers today include Future Retail Ltd. (100.45, -4.97%), Adani Green Energy Ltd. (320.30, -4.67%) and Axis Bank Ltd. (460.85, -3.78%).

Crowd Puller Stocks

22 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Dilip Buildcon Ltd. (310.35, 10.03%), ITI Ltd. (132.25, 9.98%) and Natco Pharma Ltd. (728.95, 8.21%).

Top high volume losers on BSE were Capri Global Capital Ltd. (155.30, -6.13%), Balmer Lawrie & Company Ltd. (119.65, -1.36%) and Rallis India Ltd. (303.00, -1.06%).

Essel Propack Ltd. (201.85, 6.21%) was trading at 8.9 times of weekly average. Galaxy Surfactants Ltd. (1629.85, 4.64%) and GHCL Ltd. (160.80, 5.34%) were trading with volumes 8.8 and 6.5 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

12 stocks made 52 week highs,

Stocks touching their year highs included - Coromandel International Ltd. (799.35, -1.69%), Escorts Ltd. (1167.25, -3.03%) and Granules India Ltd. (280.65, 3.93%).

25 stocks climbed above their 200 day SMA including IndiaMART InterMESH Ltd. (2437.15, 8.11%) and Heritage Foods Ltd. (321.60, 7.67%). 7 stocks slipped below their 200 SMA including Heidelberg Cement India Ltd. (176.25, -2.92%) and eClerx Services Ltd. (482.80, -2.86%).

Less

Trendlyne Marketwatch

23 Jul 2020

The Closer: End Of Day update, Jul 23, 2020

Markets rose in today's trading. Nifty 50 closed at 11215.45 (82.9, 0.7%) , BSE Sensex closed at 38140.47 (269.0, 0.7%) while the broader Nifty 500 closed at 9114.05 (67.5, 0.8%)

Market breadth is in the green. Of the 1658 stocks traded today, 861 were on the uptick, and 719 were down.

Riding High:

Largecap and midcap gainers today include Natco Pharma Ltd. (728.95, 8.21%), Oberoi Realty Ltd. (406.80, 6.94%) and Motilal Oswal Financial Services Ltd. (710.45, 6.83%).

Downers:

Largecap and midcap losers today include Future Retail Ltd. (100.45, -4.97%), Adani Green Energy Ltd. (320.30, -4.67%) and Axis Bank Ltd. (460.85, -3.78%).

Crowd Puller Stocks

22 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Dilip Buildcon Ltd. (310.35, 10.03%), ITI Ltd. (132.25, 9.98%) and Natco Pharma Ltd. (728.95, 8.21%).

Top high volume losers on BSE were Capri Global Capital Ltd. (155.30, -6.13%), Balmer Lawrie & Company Ltd. (119.65, -1.36%) and Rallis India Ltd. (303.00, -1.06%).

Essel Propack Ltd. (201.85, 6.21%) was trading at 8.9 times of weekly average. Galaxy Surfactants Ltd. (1629.85, 4.64%) and GHCL Ltd. (160.80, 5.34%) were trading with volumes 8.8 and 6.5 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

12 stocks made 52 week highs,

Stocks touching their year highs included - Coromandel International Ltd. (799.35, -1.69%), Escorts Ltd. (1167.25, -3.03%) and Granules India Ltd. (280.65, 3.93%).

25 stocks climbed above their 200 day SMA including IndiaMART InterMESH Ltd. (2437.15, 8.11%) and Heritage Foods Ltd. (321.60, 7.67%). 7 stocks slipped below their 200 SMA including Heidelberg Cement India Ltd. (176.25, -2.92%) and eClerx Services Ltd. (482.80, -2.86%).

Trendlyne Marketwatch

23 Jul 2020

The Midday Market View, Jul 23, 2020

Markets are trading high. Nifty 50 was trading at 11200.10 (67.5, 0.6%) , BSE Sensex was trading at 38085.76 (214.2, 0.6%) while the broader Nifty 500 was trading at 9105.50 (0.65%).

Market breadth is in the green. Of the 1636 stocks traded today, 927 were on the uptrend, and 609 went down.

Riding High:

Largecap and midcap gainers today include Natco Pharma Ltd. (725.05, 7.63%), PI Industries Ltd. (1798.20, 6.03%) and Divi's Laboratories Ltd. (2389.95, 5.67%).

Downers:

Largecap and midcap losers today include Future Retail Ltd. (100.45, -4.97%), Axis Bank Ltd. (461.75, -3.59%) and Mahindra & Mahindra Financial Services Ltd. (148.70, -3.35%).

Volume Rockets

11 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included ITI Ltd. (132.25, 9.98%), Natco Pharma Ltd. (725.05, 7.63%) and Dilip Buildcon Ltd. (300.85, 6.67%).

Top high volume loser on BSE was Capri Global Capital Ltd. (154.10, -6.86%).

Essel Propack Ltd. (200.05, 5.26%) was trading at 6.5 times of weekly average. GHCL Ltd. (160.50, 5.14%) and Rallis India Ltd. (311.15, 1.60%) were trading with volumes 5.2 and 4.6 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

11 stocks overperformed with 52 week highs,

Stocks touching their year highs included - Coromandel International Ltd. (809.15, -0.49%), Escorts Ltd. (1167.55, -3.00%) and Granules India Ltd. (278.75, 3.22%).

21 stocks climbed above their 200 day SMA including IndiaMART InterMESH Ltd. (2440.75, 8.27%) and Heritage Foods Ltd. (322.90, 8.10%). 4 stocks slipped below their 200 SMA including eClerx Services Ltd. (485.15, -2.38%) and Gujarat State Petronet Ltd. (211.75, -1.44%).