The market closed on an upbeat note. Nifty 50 closed at 11583.40 (119.4, 1.0%) , BSE Sensex closed at 39052.06 (453.1, 1.2%) while the broader Nifty 500 closed at 9389.85 (108, 1.2%)
Market breadth is in the green. Of the 1656 stocks traded today, 967 were in the positive territory and 594 were negative.
Riding High:
Largecap and midcap gainers today include YES Bank Ltd. (47.35, 15.35%), Indiabulls Housing Finance Ltd. (196.45, 13.52%) and RBL Bank Ltd. (290.00, 12.21%).
Downers:
Largecap and midcap losers today include Vodafone Idea Ltd. (6.30, -3.82%), National Aluminium Company Ltd. (40.40, -3.12%) and Exide Industries Ltd. (177.20, -3.09%).
Movers and Shakers
29 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included The New India Assurance Company Ltd. (136.60, 19.98%), 3M India Ltd. (22900.05, 11.11%) and Lakshmi Machine Works Ltd. (3628.50, 8.91%).
Top high volume losers on BSE were Ashoka Buildcon Ltd. (99.80, -5.22%), Indiabulls Integrated Services Ltd. (73.80, -4.96%) and Somany Ceramics Ltd. (182.00, -4.41%).
Sadbhav Engineering Ltd. (138.95, 4.28%) was trading at 14.6 times of weekly average. Force Motors Ltd. (1082.25, -0.62%) and Emami Ltd. (341.90, 7.35%) were trading with volumes 11.7 and 10.2 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
12 stocks took off, crossing 52 week highs, while 26 stocks tanked below their 52 week lows.
Stocks touching their year highs included - Atul Ltd. (4208.55, 6.09%), Bajaj Finance Ltd. (4101.60, 2.12%) and Berger Paints (India) Ltd. (486.95, 3.46%).
Stocks making new 52 weeks lows included - Allahabad Bank (24.85, 1.22%) and Andhra Bank (16.05, 1.58%).
12 stocks climbed above their 200 day SMA including 3M India Ltd. (22900.05, 11.11%) and Eicher Motors Ltd. (20600.95, 7.18%). 7 stocks slipped below their 200 SMA including Sunteck Realty Ltd. (414.90, -5.54%) and Caplin Point Laboratories Ltd. (393.70, -2.49%).