Markets close higher; Nifty 50 closed at 11884.25 (12.2, 0.1%) , BSE Sensex closed at 40356.69 (70.2, 0.2%) while the broader Nifty 500 closed at 9661.05 (10.7, 0.1%)
Market breadth is in the red. Of the 1659 stocks traded today, 685 were in the positive territory and 905 were negative
- Aegis Logistics is down on disappointing September results. The company posted losses of over Rs. 34 crore for the September quarter.
- The Supreme Court order and news of arrest of ex-promoter Malvinder Singh by the Enforcement Directorate has hit Fortis Healthcare, which is down on high volumes.
- Top gainers today include telcos Bharti Airtel and Vodafone Idea, despite record losses.
- Markets are up in early trading. Nifty 50 was trading at 11929.05 (57.0, 0.5%) , BSE Sensex was trading at 40482.10 (195.6, 0.5%) while the broader Nifty 500 was trading at 9695.75 (45.4, 0.5%)
Riding High:
Largecap and midcap gainers today include Vodafone Idea Ltd. (3.70, 25.42%), Bharti Infratel Ltd. (230.55, 10.50%) and Bharti Airtel Ltd. (394.20, 8.74%).
Downers:
Largecap and midcap losers today includeAu Small Finance Bank Ltd. (801.45, -4.14%), General Insurance Corporation of India (257.50, -4.03%) and Indian Oil Corporation Ltd. (131.50, -3.91%).
Volume Shockers
32 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE includedCorporation Bank (18.20, 15.56%), Central Bank of India (21.05, 8.79%) and Bharti Airtel Ltd. (394.20, 8.74%).
Top high volume losers on BSE were Fortis Healthcare Ltd. (143.80, -7.94%), Reliance Infrastructure Ltd. (38.15, -4.98%) and Jagran Prakashan Ltd.(52.00, -3.97%).
Eris Lifesciences Ltd. (412.00, -0.72%) was trading at 13.1 times of weekly average. Mas Financial Services Ltd.(719.85, -0.08%) and Rallis India Ltd.(174.70, 2.46%) were trading with volumes 8.1 and 7.5 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
16 stocks hit their 52 week highs, while 16 stocks tanked below their 52 week lows.
Stocks touching their year highs included -Abbott India Ltd. (12387.95, 2.86%), Bajaj Finserv Ltd. (9040.00, -0.24%) and Bharti Airtel Ltd. (394.20, 8.74%).
Stocks making new 52 weeks lows included - Blue Dart Express Ltd.(2148.00, -1.16%) and Chennai Petroleum Corporation Ltd. (140.00, -0.78%).
19 stocks climbed above their 200 day SMA including State Bank of India(322.30, 5.33%) and Crisil Ltd.(1481.30, 4.14%). 9 stocks slipped below their 200 SMA including Fortis Healthcare Ltd. (143.80, -7.94%) and MOIL Ltd. (139.65, -5.35%).