Market breadth is moving down. Of the 1648 stocks traded today, 351 showed gains, and 1215 showed losses.
YES Bank and DHFL among top losers in markets today.
Bosch, NMDC, Alkem Labs, Creditaccess Grameen seeing positive breakout past the first resistance.
GRM Overseas meets with Ashish Kacholia's investment firm Lucky Investment Managers today.
M&M; is lower on news that the company's auto sales fell 21 percent YoY to 43,343 units in September.
Wockhardt gets credit rating upgrade from CARE for multiple instruments, share price rises
CG Power falls 5%, announces resignation of Managing Director and CEO K N Neelkant.
Chief Financial Officers at Williamson Magor, Raunaq EPC resign.
Rekha Jhunjhunwala buys Tata Communications shares in a bulk deal. To keep track of this and get same day notifications, users can set superstar alerts.
Container Corp, BPCL hit fresh 52 week highs
Markets have turned volatile after opening gains.
Markets opened high. Nifty 50 was trading at 11527.85 (53.4, 0.5%) , BSE Sensex was trading at 38860.47 (193.1, 0.5%) while the broader Nifty 500 was trading at 9383.10 (42.2, 0.5%). Market breadth is in the green. Of the 1368 stocks traded today, 794 showed gains, and 501 showed losses.
Riding High:
Largecap and midcap gainers today include Indiabulls Housing Finance Ltd. (282.50, 10.39%), NMDC Ltd. (97.00, 9.36%) and Container Corporation of India Ltd. (643.00, 6.32%).
Downers:
Largecap and midcap losers today include YES Bank Ltd. (32.20, -22.22%), Vodafone Idea Ltd. (5.45, -11.38%) and Zee Entertainment Enterprises Ltd. (236.50, -10.92%).
Crowd Puller Stocks
11 stocks in BSE 500 are trading on high volumes today.
Top high volume gainer on BSE included Alembic Pharmaceuticals Ltd. (517.10, 1.51%).
Top high volume losers on BSE were YES Bank Ltd. (32.20, -22.22%), Mahindra Holidays & Resorts India Ltd. (217.00, -8.67%) and RBL Bank Ltd. (302.55, -8.00%).
TV Today Network Ltd. (304.25, -2.14%) was trading at 11.5 times of weekly average. NLC India Ltd. (56.10, -1.75%) and Bajaj Consumer Care Ltd. (241.15, -1.83%) were trading with volumes 4.2 and 3.5 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
5 stocks overperformed with 52 week highs, while 49 stocks tanked below their 52 week lows.
Stocks touching their year highs included - Abbott India Ltd. (11001.00, 3.82%), Bharat Petroleum Corporation Ltd. (492.90, 4.85%) and Container Corporation of India Ltd. (643.00, 6.32%).
Stocks making new 52 weeks lows included - Allahabad Bank (27.65, -3.66%) and Andhra Bank (16.75, -2.33%).
7 stocks climbed above their 200 day SMA including Maruti Suzuki India Ltd. (6790.00, 1.10%) and Adani Gas Ltd. (130.20, 0.77%). 39 stocks slipped below their 200 SMA including Mahindra Holidays & Resorts India Ltd. (217.00, -8.67%) and Sonata Software Ltd. (313.50, -5.27%).
