The Closer: End Of Day update, Dec 10, 2019

Market sinks in today's trading. Nifty 50 closed at 11858.15 (-79.4, -0.7%) , BSE Sensex closed at 40239.88 (-247.6, -0.6%) while the broader Nifty 500 closed at 9595.95 (-75.5, -0.8%)

Market breadth is highly negative. Of the 1655 stocks traded today, 415 showed gains, and 1155 showed losses.

Riding High:

Largecap and midcap gainers today include Indiabulls Ventures Ltd. (154.50, 4.04%), Indiabulls Housing Finance Ltd. (269.25, 3.98%) and Vodafone Idea Ltd. (6.70, 3.08%).

Downers:

Largecap and midcap losers today include YES Bank Ltd. (50.65, -9.96%), JSW Energy Ltd. (70.05, -6.72%) and NBCC (India) Ltd. (32.45, -5.94%).

Volume Rockets

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

Top high volume gainers on BSE included The New India Assurance Company Ltd. (140.00, 6.06%), J B Chemicals & Pharmaceuticals Ltd. (422.50, 5.18%) and eClerx Services Ltd. (499.95, 5.04%).

Top high volume losers on BSE were Rites Ltd. (265.20, -5.29%), V-Guard Industries Ltd. (211.75, -4.85%) and Metropolis Healthcare Ltd. (1284.70, -4.26%).

Sheela Foam Ltd. (1310.00, -1.23%) was trading at 37.3 times of weekly average. Shriram City Union Finance Ltd. (1400.15, -0.90%) and Jyothy Labs Ltd. (152.85, -3.38%) were trading with volumes 21.4 and 6.6 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

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

Stocks touching their year highs included - Crisil Ltd. (1698.00, 2.11%), J B Chemicals & Pharmaceuticals Ltd. (422.50, 5.18%) and Aavas Financiers Ltd. (1794.85, -0.45%).

Stocks making new 52 weeks lows included - Allahabad Bank (20.45, -5.10%) and Chennai Petroleum Corporation Ltd. (111.00, -3.52%).

7 stocks climbed above their 200 day SMA including Sun Pharma Advanced Research Company Ltd. (169.50, 4.31%) and Vinati Organics Ltd. (1955.85, 0.41%). 15 stocks slipped below their 200 SMA including Oberoi Realty Ltd. (522.55, -5.21%) and Network 18 Media & Investments Ltd. (25.80, -4.97%).