
Markets closed higher today, and breadth is neutral. Traders are awaiting corporate results for the December quarter - South Indian Bank which released results today, posted flat growth in net profits and a reduction in gross NPAs. Of the 2987 stocks traded today, 1303 were on the uptrend, and 1582 went down.
Riding High:
Largecap and midcap gainers today include Coal India Limited (303.80 5.54%), Thermax Limited (1323.00 5.25%) and NCC Limited (140.80 4.84%).
Downers:
Largecap and midcap losers today include Jaiprakash Associates Limited (23.30 -8.27%), Reliance Power Limited (57.15 -6.77%) and NMDC Limited (154.70 -4.42%).
Volume Rockets
45 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included International Paper APPM Limited (389.70 10.99%), Godrej Properties Limited (790.65 7.34%) and Vaibhav Global Limited (750.00 6.53%).
Top high volume losers on BSE were The South Indian Bank Limited (33.05 -2.36%), Honeywell Automation India Limited (18570.00 -2.28%) and Texmaco Rail & Engineering Limited (117.20 -1.64%).
Eveready Industries India Limited (445.00 0.38%) was trading at 29.8 times of weekly average. Bosch Limited (19800.30 -0.79%) and Dabur India Limited (359.50 -0.35%) were trading with volumes 23.9 and 16.9 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
52 stocks overperformed with 52 week highs,
Stocks touching their year highs included - Aarti Drugs Limited (770.00 5.19%), Allcargo Logistics Limited (223.00 -0.73%) and Apollo Tyres Limited (284.00 0.07%).
10 stocks climbed above their 200 day SMA including Lycos Internet Limited (7.63 14.22%) and JBF Industries Limited (239.15 5.47%). 9 stocks slipped below their 200 SMA including Global Offshore Services Limited (38.70 -2.27%) and IL&FS Transportation Networks Limited (90.25 -2.06%).