Market sinks in today's trading. Nifty 50 closed at 11915.60 (-52.8, -0.4%) , BSE Sensex closed at 40359.41 (-215.8, -0.5%) while the broader Nifty 500 closed at 9680.00 (-32.4, -0.3%)
Market breadth is in the red. Of the 1656 stocks traded today, 735 were in the positive territory and 815 were negative.
Riding High:
Largecap and midcap gainers today include IDBI Bank Ltd. (40.10, 19.88%), RBL Bank Ltd. (363.00, 8.39%) and Steel Authority of India (SAIL) Ltd. (39.20, 8.14%).
Downers:
Largecap and midcap losers today include Bharti Infratel Ltd. (232.05, -4.07%), Castrol India Ltd. (146.20, -3.82%) and General Insurance Corporation of India (259.00, -3.75%).
Volume Shockers
19 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included eClerx Services Ltd. (503.70, 20.00%), IDBI Bank Ltd. (40.10, 19.88%) and Network 18 Media & Investments Ltd. (31.85, 14.77%).
Top high volume losers on BSE were Reliance Capital Ltd. (16.30, -4.96%), Westlife Development Ltd. (342.00, -1.81%) and TV Today Network Ltd. (289.65, -1.58%).
Solar Industries India Ltd. (1045.00, -0.07%) was trading at 14.0 times of weekly average. Finolex Cables Ltd. (363.10, 1.95%) and Triveni Turbine Ltd. (96.85, 0.05%) were trading with volumes 9.1 and 8.1 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
9 stocks made 52 week highs, while 6 stocks hit their 52 week lows.
Stocks touching their year highs included - DLF Ltd. (218.00, 0.53%), Essel Propack Ltd. (155.80, 1.63%) and JM Financial Ltd. (94.70, 2.27%).
Stocks making new 52 weeks lows included - Blue Dart Express Ltd. (2101.00, -1.02%) and MphasiS Ltd. (857.25, -3.70%).
14 stocks climbed above their 200 day SMA including IDBI Bank Ltd. (40.10, 19.88%) and Network 18 Media & Investments Ltd. (31.85, 14.77%). 21 stocks slipped below their 200 SMA including Advanced Enzyme Technologies Ltd. (167.65, -4.23%) and KNR Constructions Ltd. (241.20, -3.64%).