Upbeat trading today. 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%).
Market breadth is in the green. Of the 1626 stocks traded today, 835 were on the uptick, and 696 were down.
Riding High:
Largecap and midcap gainers today include Hindustan Petroleum Corporation Ltd. (300.80, 5.40%), Mangalore Refinery And Petrochemicals Ltd. (49.15, 5.02%) and Container Corporation of India Ltd. (629.70, 4.92%).
Downers:
Largecap and midcap losers today include Jubilant Foodworks Ltd. (1392.80, -3.92%), GlaxoSmithKline Pharmaceuticals Ltd. (1380.00, -3.91%) and IDBI Bank Ltd. (35.65, -3.39%).
Movers and Shakers
6 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Adani Green Energy Ltd. (58.80, 11.89%), Varroc Engineering Ltd. (473.75, 4.36%) and Advanced Enzyme Technologies Ltd. (167.90, 3.67%).
Solar Industries India Ltd. (1111.15, 0.17%) was trading at 6.4 times of weekly average. Linde India Ltd. (532.00, 3.40%) and JSW Holdings Ltd. (2825.00, 0.85%) were trading with volumes 3.8 and 3.6 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
16 stocks took off, crossing 52 week highs, while 11 stocks were underachievers and hit their 52 week lows.
Stocks touching their year highs included - Abbott India Ltd. (10899.95, 2.54%), Bharat Petroleum Corporation Ltd. (478.85, 2.93%) and Container Corporation of India Ltd. (629.70, 4.92%).
Stocks making new 52 weeks lows included - Cipla Ltd. (433.15, -0.33%) and Indian Bank (141.05, -0.81%).
20 stocks climbed above their 200 day SMA including Engineers India Ltd. (115.15, 4.78%) and Bandhan Bank Ltd. (507.80, 3.72%). 16 stocks slipped below their 200 SMA including Firstsource Solutions Ltd. (48.50, -3.39%) and APL Apollo Tubes Ltd. (1362.40, -2.08%).