The market closed on an upbeat note. Nifty 50 closed at 11577.95 (137.8, 1.2%) , BSE Sensex closed at 38989.74 (396.2, 1.0%) while the broader Nifty 500 closed at 9448.45 (104.3, 1.1%)

Market breadth is in the green. Of the 1653 stocks traded today, 865 were on the uptrend, and 705 went 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%).