Markets closed on a low note, and the BSE Sensex ended the day at 31710.99 (-1.13%). The Sensex took its cue from weaker Asian markets, and legislative gridlock in the US Senate signalling the limitations of Trump's administration in passing new bills.
Market breadth is holding steady. Of the 2761 stocks traded today, 977 showed gains, and 1637 showed losses.
Riding High:
Largecap and midcap gainers today include Jubilant Foodworks Limited (1324.00 3.88%), Bank of India (152.80 3.24%) and Bata India Limited (571.20 2.79%).
Downers:
Largecap and midcap losers today include ITC Limited (284.70 -12.60%), falling sharply after the news of the cess from the GST Council. Other losers included TV18 Broadcast Limited (38.80 -6.17%) and Mahindra & Mahindra Financial Services Limited (349.40 -4.80%).
Volume Rockets
28 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included HCL Infosystems Limited (56.30 19.91%), KRBL Limited (436.80 9.90%) and Future Consumer Limited (41.30 7.55%).
Top high volume losers on BSE were ITC Limited (284.70 -12.60%), VST Industries Limited (3282.00 -8.12%) and Godfrey Phillips India Limited (1157.00 -5.74%).
Mahindra & Mahindra Financial Services Limited (349.40 -4.80%) was trading at 15.6 times of weekly average. Techno Electric & Engineering Company Limited (385.00 1.92%) and The Great Eastern Shipping Company Limited (404.30 -0.68%) were trading with volumes 14.3 and 12.8 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, while 1 stock tanked below their 52 week lows.
Stocks touching their year highs included - ACC Limited (1756.55 0.30%), Adani Ports and Special Economic Zone Limited (382.00 0.10%) and Aditya Birla Nuvo Limited (1887.30 -1.67%).
Stock making new 52 weeks lows included - YAMINI INVESTMENTS COMPANY LTD. (19.50 -1.76%).
6 stocks climbed above their 200 day SMA including HCL Infosystems Limited (56.30 19.91%) and Allahabad Bank (71.85 1.27%). 15 stocks slipped below their 200 SMA including TV18 Broadcast Limited (38.80 -6.17%) and Godfrey Phillips India Limited (1157.00 -5.74%).
