Markets are flat in morning trade and breadth is neutral. Of the 418 stocks traded today, 194 were gainers and 174 were losers. Dr Reddy has gained today on the failure of a stay on the legal verdict that allows the company to sell generic Suboxone in the US.
BSE 500: highs, lows and moving averages
25 stocks hit their 52 week lows.
4 stocks climbed above their 200 day SMA including Schaeffler India Ltd. (5435.00 1.40%) and Ipca Laboratories Ltd. (738.00 1.08%). 14 stocks slipped below their 200 SMA including Indraprastha Gas Ltd. (264.40 -3.99%) and VIP Industries Ltd. (443.00 -3.01%).