The Sensex is trading lower, with traders holding bets until the RBI's MPC comes back with their decision on interest rates. Markets have been hoping for an interest rate cut after record inflation lows. Market breadth is even. Of the 2583 stocks traded today, 1066 were on the uptick, and 1337 were down.
Riding High:
Largecap and midcap gainers today include NTPC Limited (170.85 3.61%), Apollo Tyres Limited (274.35 3.10%) and GE T&D India Limited (391.05 3.03%).
Downers:
Largecap and midcap losers today include Jaiprakash Associates Limited (27.05 -4.92%), AIA Engineering Limited (1423.35 -3.50%) and Godrej Consumer Products Limited (934.75 -3.06%).
Movers and Shakers
14 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Rashtriya Chemicals and Fertilizers Limited (98.50 11.80%), Bliss GVS Pharma Limited (172.90 4.57%) and Entertainment Network (India) Limited (921.00 2.11%).
Top high volume losers on BSE were SML Isuzu Limited (1070.00 -3.69%), Wockhardt Limited (587.20 -2.77%) and Simplex Infrastructures Limited (470.00 -2.13%).
Multi Commodity Exchange of India Limited (1113.00 0.00%) was trading at 11.7 times of weekly average. Atul Limited (2144.05 -1.74%) and Sharda Cropchem Limited (459.90 -0.76%) were trading with volumes 7.6 and 6.9 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
18 stocks took off, crossing 52 week highs, while 3 stocks hit their 52 week lows.
Stocks touching their year highs included - Adani Ports and Special Economic Zone Limited (405.50 0.76%), Apollo Tyres Limited (274.35 3.10%) and Balrampur Chini Mills Limited (169.80 4.81%).
Stocks making new 52 weeks lows included - Ajanta Pharma Limited (1385.05 -0.15%) and YAMINI INVESTMENTS COMPANY LTD. (17.10 -1.72%).
4 stocks climbed above their 200 day SMA including Sequent Scientific Limited (125.45 6.27%) and Punj Lloyd Limited (20.90 0.72%). 7 stocks slipped below their 200 SMA including The Great Eastern Shipping Company Limited (388.00 -2.00%) and S.E. Investments Limited (190.90 -1.98%).
