Muthoot Finance announced a plan to raise Rs 1000 crores via NCDs.
As of 1:30 pm: Nifty 50 was trading at 11538.00 (97.8, 0.9%) , BSE Sensex was trading at 38841.69 (248.2, 0.6%) while the broader Nifty 500 was trading at 9417.95 (0.79%).
CFO of Camson Bio Tech resigns.
Gravita India gets a downgrade from Brickwork Ratings, from BWR A to BWR A- for long-term credit and BWR A2+ to BWR A2 for short term credit
YES Bank share prices fall and hit fresh 52 week lows after the bank said Reserve Bank of India’s (RBI) approval is pending for increasing the bank's authorised share capital.
ICICI Bank, Kotak Bank among stocks hitting fresh 52 week highs today.
Interglobe Aviation is up as Morgan Stanley turns sharply bullish on the airline. Price target by Morgan Stanley analysts is Rs. 2,261.
Upbeat trading today, as Nifty 50 was trading at 11517.10 (76.9, 0.7%) , BSE Sensex was trading at 38931.81 (338.3, 0.9%) while the broader Nifty 500 was trading at 9401.35 (57.2, 0.6%). Market breadth is surging up. Of the 1376 stocks traded today, 893 were on the uptick, and 405 were down.
Riding High:
Largecap and midcap gainers today include Godrej Properties Ltd. (1094.65, 8.11%), Hindustan Petroleum Corporation Ltd. (305.10, 6.90%) and Vedanta Ltd. (166.75, 6.75%).
Downers:
Largecap and midcap losers today include YES Bank Ltd. (50.80, -5.40%), Jubilant Foodworks Ltd. (1397.40, -3.60%) and ABB India Ltd. (1488.00, -3.35%).
Movers and Shakers
17 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Adani Green Energy Ltd. (59.55, 13.32%), Sudarshan Chemical Industries Ltd. (379.00, 6.28%) and Hindustan Zinc Ltd. (213.35, 5.80%).
Top high volume losers on BSE were APL Apollo Tubes Ltd. (1360.00, -2.26%), Emami Ltd. (324.65, -1.56%) and FDC Ltd. (174.50, -0.26%).
Varroc Engineering Ltd. (464.00, 2.21%) was trading at 11.7 times of weekly average. Bharat Dynamics Ltd. (313.15, 0.82%) and Advanced Enzyme Technologies Ltd. (168.20, 3.86%) were trading with volumes 8.2 and 8.0 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
21 stocks took off, crossing 52 week highs, while 13 stocks were underachievers and hit their 52 week lows.
Stocks touching their year highs included - Abbott India Ltd. (10918.00, 2.71%), Akzo Nobel India Ltd. (2019.95, 5.38%) and Berger Paints (India) Ltd. (439.15, 3.61%).
Stocks making new 52 weeks lows included - Cipla Ltd. (440.10, 1.27%) and Corporation Bank (16.30, 1.24%).
21 stocks climbed above their 200 day SMA including Engineers India Ltd. (117.90, 7.28%) and Fortis Healthcare Ltd. (136.95, 4.98%). 16 stocks slipped below their 200 SMA including Firstsource Solutions Ltd. (48.10, -4.18%) and Gujarat Pipavav Port Ltd. (82.35, -3.29%).
