LIVE: Markets close higher, auto stocks jump
Markets closed higher, with blue chips and NiftyAuto driving gains for the market. IT companies such as TCS also witnessed share price recovery. Nifty 50 closed at 11427.35 (86.2, 0.8%) , BSE Sensex closed at 38506.09 (291.6, 0.8%) while the broader Nifty 500 closed at 9254.20 (61.6, 0.7%). Market breadth is in the red. Of the 1656 stocks traded today, 707 were on the uptick, and 856 were down.


Cement company ACC Limited gains ahead of results.
Around 3.24 crore shares of Bajaj Group or 22 percent equity changed hands in a single deal. Shareholding of Bajaj Consumer Care shows dominance of Bajaj Resources, the promoter entity.
TV18 swings in share price post results. Its standalone performance showed net profit turn negative, and a sharp decline QoQ in operating profit margins. 
Casino company Delta Corp, a Jhunjhunwala owned stock, is volatile post results. The company saw flat revenue growth despite a 23% rise in net profit YoY.  
GTPL Hathway is down sharply today following September results, dropping from a sharp swing upward. 
Stocks seeing positive breakouts today include JSW Energy, Bandhan Bank, Star Cement. 
Hindustan Unilever (HUL) is up on Q2 results, and near its 52 week high.



Riding High:

Largecap and midcap gainers today include Bandhan Bank Ltd. (629.25, 10.65%), Adani Transmission Ltd. (238.75, 6.09%) and JSW Energy Ltd. (63.30, 5.94%).

Downers:

Largecap and midcap losers today include Indiabulls Ventures Ltd. (90.60, -9.99%), PNB Housing Finance Ltd. (435.60, -7.17%) and Indiabulls Housing Finance Ltd. (187.50, -5.21%).

Crowd Puller Stocks

36 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Bandhan Bank Ltd. (629.25, 10.65%), India Tourism Development Corporation Ltd. (296.80, 9.76%) and Adani Transmission Ltd. (238.75, 6.09%).

Top high volume losers on BSE were Va Tech Wabag Ltd. (189.60, -18.13%), Bajaj Consumer Care Ltd. (212.80, -7.50%) and KRBL Ltd. (197.70, -7.27%).

Varroc Engineering Ltd. (447.00, -0.38%) was trading at 61.7 times of weekly average. Tejas Networks Ltd. (77.45, -0.77%) and Polycab India Ltd. (700.00, 4.14%) were trading with volumes 17.3 and 11.2 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

4 stocks made 52 week highs, while 38 stocks hit their 52 week lows.

Stocks touching their year highs included - Asian Paints Ltd. (1804.10, 0.30%), Bandhan Bank Ltd. (629.25, 10.65%) and Fine Organic Industries Ltd. (1876.00, 1.33%).

Stocks making new 52 weeks lows included - Allahabad Bank (24.90, -2.73%) and Andhra Bank (15.70, -0.95%).

16 stocks climbed above their 200 day SMA including India Tourism Development Corporation Ltd. (296.80, 9.76%) and Adani Enterprises Ltd. (154.90, 5.30%). 7 stocks slipped below their 200 SMA including Granules India Ltd. (96.75, -3.59%) and Greaves Cotton Ltd. (128.00, -3.36%).
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