
Markets are higher, while breadth is horizontal. Of the 2728 stocks traded today, 1413 showed gains, and 1133 showed losses. Aurobindo Pharma is gaining after the company said that it has received final US FDA approval to manufacture and market the anti-coagulant Fondaparinux Sodium injection
Riding High:
Largecap and midcap gainers today include Reliance Communications Limited (27.25 27.75%), Wockhardt Limited (924.10 6.46%) and Sun Pharmaceuticals Industries Limited (573.70 6.15%).
Downers:
Largecap and midcap losers today include Vakrangee Limited (415.20 -2.99%), Gillette India Limited (6790.00 -2.30%) and Kansai Nerolac Paints Limited (555.30 -1.72%).
Crowd Puller Stocks
21 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Castex Technologies Limited (6.23 18.22%), 3M India Limited (19514.70 11.83%) and Prestige Estates Projects Limited (322.30 7.22%).
Top high volume losers on BSE were Bajaj Finserv Limited (5338.70 -1.20%), Mahindra CIE Automotive Limited (258.00 -0.50%) and Dalmia Bharat Limited (3217.05 -0.36%).
Bajaj Holdings & Investment Limited (2950.00 0.34%) was trading at 3440.7 times of weekly average. Bajaj Auto Limited (3358.00 -0.27%) and Bajaj Electricals Limited (492.20 3.76%) were trading with volumes 162.3 and 79.9 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
39 stocks hit their 52 week highs,
Stocks touching their year highs included - 3M India Limited (19514.70 11.83%), Adani Enterprises Limited (167.70 3.26%) and Allcargo Logistics Limited (213.45 2.01%).
11 stocks climbed above their 200 day SMA including Reliance Communications Limited (27.25 27.75%) and Sun Pharmaceuticals Industries Limited (573.70 6.15%). 1 stock slipped below their 200 SMA including Indian Oil Corporation Limited (404.90 -0.89%).
By Satish Krishnamurthy