AstraZeneca Pharma among stocks that announced results today. Revenues are up 29% YoY, net profits up 57.8%. Share price has jumped on the news. See the full results analyzer.
Approximately 23.9 lakh shares of HDFC Bank changed hands in a large trade, and share price of the bank is up.
Top gainers today include Amara Raja Batteries, Dixon Tech, Narayana Hrudayalaya.
YES Bank is rising sharply, as approximately10 lakh shares of the Mumbai-based lender changed hands in a single block.
Shree Renuka Sugars has jumped today after posting Q2 results. Share price rose over 11.7% on high volumes.
Markets are volatile in early trading. Nifty 50 was trading at 11913.10 (5.0, 0.0%) , BSE Sensex was trading at 40275.19 (-48.4, -0.1%) while the broader Nifty 500 was trading at 9694.65 (11.4, 0.1%)
Market breadth is in the green. Of the 1390 stocks traded today, 794 were in the positive territory and 514 were negative.
Riding High:
Largecap and midcap gainers today include Amara Raja Batteries Ltd. (720.20, 10.09%), Zee Entertainment Enterprises Ltd. (306.65, 6.66%) and RBL Bank Ltd. (344.40, 6.33%).
Downers:
Largecap and midcap losers today include Tata Power Company Ltd. (57.40, -3.61%), JSW Energy Ltd. (73.95, -3.40%) and InterGlobe Aviation Ltd. (1480.00, -3.27%).
Volume Shockers
24 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Amara Raja Batteries Ltd. (720.20, 10.09%), Essel Propack Ltd. (129.65, 9.97%) and Shipping Corporation of India Ltd. (62.60, 8.68%).
Top high volume losers on BSE were TeamLease Services Ltd. (2579.95, -7.57%), Equitas Holdings Ltd. (91.00, -6.52%) and La Opala RG Ltd. (157.40, -5.95%).
Nesco Ltd. (599.00, 6.48%) was trading at 17.0 times of weekly average. AstraZeneca Pharma India Ltd. (2535.00, 1.73%) and Lakshmi Vilas Bank Ltd. (19.45, -4.89%) were trading with volumes 8.5 and 8.4 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
13 stocks took off, crossing 52 week highs, while 8 stocks tanked below their 52 week lows.
Stocks touching their year highs included - Avanti Feeds Ltd. (507.10, -8.46%), Fortis Healthcare Ltd. (158.20, 4.04%) and ICICI Bank Ltd. (497.10, 1.56%).
Stocks making new 52 weeks lows included - Aurobindo Pharma Ltd. (436.80, -0.72%) and Bajaj Electricals Ltd. (320.00, -1.55%).
19 stocks climbed above their 200 day SMA including Amara Raja Batteries Ltd. (720.20, 10.09%) and Essel Propack Ltd. (129.65, 9.97%). 20 stocks slipped below their 200 SMA including Allcargo Logistics Ltd. (97.55, -4.13%) and InterGlobe Aviation Ltd. (1480.00, -3.27%).
