The Closer: End Of Day update, Dec 09, 2019

Nifty 50 closed at 11938.80 (17.3, 0.2%) , BSE Sensex closed at 40487.43 (42.3, 0.1%) while the broader Nifty 500 closed at 9672.05 (2.7, 0.0%)

Market breadth is in the red. Of the 1664 stocks traded today, 659 showed gains, and 916 showed losses.

Riding High:

Largecap and midcap gainers today include Adani Transmission Ltd. (332.10, 4.14%), MphasiS Ltd. (874.00, 3.62%) and Mahindra & Mahindra Financial Services Ltd. (338.50, 3.20%).

Downers:

Largecap and midcap losers today include PNB Housing Finance Ltd. (446.60, -8.00%), Aditya Birla Capital Ltd. (95.90, -7.07%) and HDFC Asset Management Company Ltd. (2988.80, -6.08%).

Volume Shockers

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

Top high volume gainers on BSE included Va Tech Wabag Ltd. (191.95, 15.81%), Bliss GVS Pharma Ltd. (156.70, 11.89%) and EID Parry (India) Ltd. (208.40, 8.65%).

Top high volume losers on BSE were PNB Housing Finance Ltd. (446.60, -8.00%), Aegis Logistics Ltd. (188.45, -1.77%) and Century Plyboards (India) Ltd. (163.90, -1.35%).

La Opala RG Ltd. (135.50, 1.19%) was trading at 20.9 times of weekly average. Solar Industries India Ltd. (1037.00, 0.32%) and Varroc Engineering Ltd. (413.75, -1.04%) were trading with volumes 15.3 and 5.6 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

5 stocks took off, crossing 52 week highs, while 14 stocks were underachievers and hit their 52 week lows.

Stocks touching their year highs included - Adani Transmission Ltd. (332.10, 4.14%), Coromandel International Ltd. (507.90, 2.38%) and Gujarat Gas Ltd. (230.45, 1.41%).

Stocks making new 52 weeks lows included - Allahabad Bank (21.50, -3.59%) and Chennai Petroleum Corporation Ltd. (115.30, -0.04%).

9 stocks climbed above their 200 day SMA including Bliss GVS Pharma Ltd. (156.70, 11.89%) and Sun Pharma Advanced Research Company Ltd. (162.30, 5.53%). 19 stocks slipped below their 200 SMA including JK Tyre & Industries Ltd. (74.50, -3.62%) and Tata Consultancy Services Ltd. (2058.25, -3.08%).