Nifty 50 closed at 12017.80 (51.8, 0.4%) , BSE Sensex closed at 40653.74 (184.0, 0.5%) while the broader Nifty 500 closed at 9769.25 (47.9, 0.5%)Market breadth is holding steady. Of the 1646 stocks traded today, 816 were in the positive territory and 742 were negative.
- Cadila Healthcare continues to fall after receiving a warning letter from the FDA earlier this week for its Moraiya facility.
- Avanti Feeds, Raymond are among the top gainers in markets today.
- Around 66.2 lakh shares of Fortis Healthcare changed hands in two large deals. The company hit a fresh year high today.
Markets rise on early trading, Nifty 50 was trading at 12010.90 (44.9, 0.4%) , BSE Sensex was trading at 40675.37 (205.6, 0.5%) while the broader Nifty 500 was trading at 9763.75 (42.4, 0.4%). Market breadth is in the green. Of the 1336 stocks traded today, 830 were on the uptrend, and 427 went down.
Riding High:
Largecap and midcap gainers today include Jindal Steel & Power Ltd. (148.80, 10.47%), NBCC (India) Ltd. (41.75, 8.72%) and Indiabulls Housing Finance Ltd. (238.50, 8.71%).
Downers:
Largecap and midcap losers today include UPL Ltd. (559.75, -7.72%), NMDC Ltd. (107.70, -5.07%) and Lupin Ltd. (738.10, -4.32%).
Volume Rockets
26 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included JM Financial Ltd. (90.00, 9.82%), NBCC (India) Ltd. (41.75, 8.72%) and Max Financial Services Ltd. (475.55, 8.40%).
Top high volume losers on BSE were Gujarat Alkalies & Chemicals Ltd. (412.00, -9.64%), Reliance Communications Ltd. (0.65, -7.14%) and SREI Infrastructure Finance Ltd. (9.05, -4.74%).
Prism Johnson Ltd. (75.00, 3.59%) was trading at 15.1 times of weekly average. Apar Industries Ltd. (533.50, -2.86%) and Somany Ceramics Ltd. (185.00, 3.12%) were trading with volumes 10.2 and 9.3 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
18 stocks made 52 week highs, while 6 stocks tanked below their 52 week lows.
Stocks touching their year highs included - Adani Transmission Ltd. (300.00, 6.03%), Avanti Feeds Ltd. (524.60, 7.58%) and Bajaj Holdings & Investment Ltd. (3835.00, 2.85%).
Stocks making new 52 weeks lows included - Bajaj Electricals Ltd. (334.80, -5.20%) and Omaxe Ltd. (182.80, -1.48%).
21 stocks climbed above their 200 day SMA including Jindal Steel & Power Ltd. (148.80, 10.47%) and Jai Corp Ltd. (105.60, 8.87%). 20 stocks slipped below their 200 SMA including UPL Ltd. (559.75, -7.72%) and Meghmani Organics Ltd. (56.30, -3.84%).