Worries over a falling rupee coupled with rising oil prices have markets shook up with the Sensex and Nifty closing lower, and advisors sounded concerns about the health of emerging market indices. Market breadth is horizontal. Of the 1351 stocks traded today, 504 were gainers and 707 were losers.
Riding High:
Largecap and midcap gainers today include Muthoot Finance Ltd. (441.00 9.19%), Reliance Infrastructure Ltd. (479.60 5.65%) and Biocon Ltd. (625.75 5.35%).
Downers:
Largecap and midcap losers today include Bharat Electronics Ltd. (94.45 -13.74%), Engineers India Ltd. (124.90 -6.44%) and Adani Transmission Ltd. (199.90 -5.51%).
Crowd Puller Stocks
16 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Caplin Point Laboratories Ltd. (504.00 10.38%), Advanced Enzyme Technologies Ltd. (226.30 9.59%) and Muthoot Finance Ltd. (441.00 9.19%).
Top high volume losers on BSE were Bharat Electronics Ltd. (94.45 -13.74%), Crompton Greaves Consumer Electricals Ltd. (221.00 -5.15%) and Thyrocare Technologies Ltd. (648.00 -4.71%).
Alembic Pharmaceuticals Ltd. (634.00 4.86%) was trading at 11.6 times of weekly average. Thermax Ltd. (983.00 -3.34%) and Indian Energy Exchange Ltd. (1748.95 1.15%) were trading with volumes 6.8 and 6.3 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
7 stocks took off, crossing 52 week highs, while 33 stocks hit their 52 week lows.
Stocks touching their year highs included - Alembic Pharmaceuticals Ltd. (634.00 4.86%), Glenmark Pharmaceuticals Ltd. (674.80 2.24%) and KPIT Technologies Ltd. (308.85 2.45%).
Stocks making new 52 weeks lows included - Akzo Nobel India Ltd. (1727.95 0.46%) and Bharat Electronics Ltd. (94.45 -13.74%).
12 stocks climbed above their 200 day SMA including Muthoot Finance Ltd. (441.00 9.19%) and Hindustan Zinc Ltd. (303.40 3.55%). 16 stocks slipped below their 200 SMA including Kansai Nerolac Paints Ltd. (489.85 -3.38%) and ACC Ltd. (1549.80 -2.53%).
