Market sinks by 1.00% in afternoon trading.

Market breadth is neutral. Of the 1198 stocks traded today, 486 showed gains, and 584 showed losses.

Riding High:

Largecap and midcap gainers today include Max Financial Services Ltd. (512.20 8.98%), ICICI Lombard General Insurance Company Ltd. (904.85 3.28%) and ABB India Ltd. (1380.00 2.76%).

Downers:

Largecap and midcap losers today include Torrent Power Ltd. (259.00 -4.07%), Godrej Consumer Products Ltd. (1301.10 -3.76%) and Havells India Ltd. (648.00 -3.76%).

Volume Shockers

9 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Max Financial Services Ltd. (512.20 8.98%), Forbes & Company Ltd. (2693.65 4.41%) and Coffee Day Enterprises Ltd. (309.50 4.21%).

Top high volume losers on BSE were IL&FS Transportation Networks Ltd. (26.10 -13.58%) and Hatsun Agro Products Ltd. (743.20 -0.64%).

AIA Engineering Ltd. (1745.35 0.89%) was trading at 6.2 times of weekly average. eClerx Services Ltd. (1090.00 3.12%) and Syngene International Ltd. (617.45 0.35%) were trading with volumes 5.3 and 4.5 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

11 stocks hit their 52 week highs, while 12 stocks tanked below their 52 week lows.

Stocks touching their year highs included - Abbott India Ltd. (8632.15 2.16%), Axis Bank Ltd. (653.95 1.39%) and Cipla Ltd. (670.00 0.79%).

Stocks making new 52 weeks lows included - Century Plyboards (India) Ltd. (197.10 -4.74%) and Cera Sanitaryware Ltd. (2655.00 -0.27%).

5 stocks climbed above their 200 day SMA including Max Financial Services Ltd. (512.20 8.98%) and Lux Industries Ltd. (1741.00 1.16%). 9 stocks slipped below their 200 SMA including ACC Ltd. (1537.85 -2.24%) and Voltas Ltd. (587.35 -1.81%).