The Sensex opened higher, with Wipro Limited beating estimates in upbeat results and Reliance Industries announcing a boost in profits and revenues for its Q1. Market breadth is balanced. Of the 1701 stocks traded today, 1038 were gainers and 569 were losers.
Riding High:
Largecap and midcap gainers today include Jaiprakash Associates Limited (24.90 8.03%), Wipro Limited (287.50 6.88%) and Jubilant Life Sciences Limited (764.80 3.36%).
Downers:
Largecap and midcap losers today include Alembic Pharmaceuticals Limited (541.90 -2.90%), Lupin Limited (1141.75 -2.31%) and GMR Infrastructure Limited (17.40 -2.25%).
BSE 500: highs, lows and moving averages
13 stocks made 52 week highs, while 1 stock hit their 52 week lows.
Stocks touching their year highs included - Aditya Birla Nuvo Limited (1887.30 -1.67%), Bajaj Finance Limited (1594.00 0.35%) and Deepak Fertilizers and Petrochemicals Corporation Limited (309.00 3.15%).
Stock making new 52 weeks lows included - YAMINI INVESTMENTS COMPANY LTD. (19.15 -1.79%).
4 stocks climbed above their 200 day SMA including IFCI Limited (27.85 6.30%) and Alstom T&D India Limited (329.00 1.04%). 2 stocks slipped below their 200 SMA including Godfrey Phillips India Limited (1147.20 -1.19%) and MindTree Limited (481.50 -0.56%).