Nifty 50 closed at 11169.90 (-144.1, -1.3%) , BSE Sensex closed at 37673.31 (-433.6, -1.1%) while the broader Nifty 500 closed at 9080.25 (-118.2, -1.3%). Market breadth is in the red. Of the 1651 stocks traded today, 547 were in the positive territory and 1017 were negative. Markets may remain rangebound until results start coming in, giving investors a signal on stock market decisions going forward.
- Markets give up their gains, Indiabulls stocks among top losers.
- HDIL shares continue to fall in the aftermath of the PMC scam. The Economic Offences Wing of the Mumbai Police has arrested company directors Rakesh and Sarang Wadhawan.
- About 10.5 lakh shares of Coffee Day Enterprises have changed hands in a block deal. Share price is up.
- Mangalore Refinery and Petro is among the momentum gainers today
Riding High:
Largecap and midcap gainers today include YES Bank Ltd. (44.65, 5.06%), Info Edge (India) Ltd. (2182.90, 2.87%) and RBL Bank Ltd. (319.40, 2.37%).
Downers:
Largecap and midcap losers today include Zee Entertainment Enterprises Ltd. (241.95, -3.82%), Indian Oil Corporation Ltd. (149.25, -1.65%) and ICICI Prudential Life Insurance Company Ltd. (461.55, -1.54%).
BSE 500: highs, lows and moving averages
1 stock took off, crossing 52 week highs, while 6 stocks tanked below their 52 week lows.
Stock touching their year highs included - Bharat Petroleum Corporation Ltd. (524.70, -1.30%).
Stocks making new 52 weeks lows included - eClerx Services Ltd. (413.70, -0.42%) and Grasim Industries Ltd. (672.40, -1.07%).
7 stocks climbed above their 200 day SMA including India Tourism Development Corporation Ltd. (255.80, 2.83%) and Bombay Burmah Trading Corporation Ltd. (1140.40, 1.75%). 8 stocks slipped below their 200 SMA including Hindustan Aeronautics Ltd. (693.95, -1.39%) and Tamil Nadu Newsprint And Papers Ltd. (191.10, -0.91%).
