Trendlyne Marketwatch    
14 Feb 2020
Markets close lower, Axis Direct is a buy on MindaCorp

Markets fell in today's trading. Nifty 50 closed at 12113.45 (-61.2, -0.5%) , BSE Sensex closed at 41254.00 (-205.8, -0.5%) while the broader Nifty 500 closed at 9961.05 (-56.7, -0.6%). Market breadth is moving down. Of the 1645 stocks traded today, 513 showed gains, and 1056 showed losses.

  • Lupin and Bharat Forge earnings call transcripts are now available. 
  • Axis Direct is a buy on Minda Corporation, with a target price of Rs. 143.
  • Markets shed early gains. Top losers include Renuka Sugars, PC Jeweller, Vodafone Idea and IFCI
  • YES Bank continues to gain today on management indicating investor interest from various companies. However nothing concrete has yet happened in the form of early agreements or offers.  
  • Markets are rising today in early trading. Nifty 50 was trading at 12238.15 (63.5, 0.5%) , BSE Sensex was trading at 41660.53 (200.7, 0.5%) while the broader Nifty 500 was trading at 10066.55 (48.8, 0.5%).Market breadth is in the green. Of the 1422 stocks traded today, 890 were on the uptrend, and 447 went down.
Riding High:

Largecap and midcap gainers today include Bharti Airtel Ltd. (565.00, 4.64%), YES Bank Ltd. (38.90, 4.57%) and Trent Ltd. (758.30, 3.25%).

Downers:

Largecap and midcap losers today include Vodafone Idea Ltd. (3.40, -24.44%), Pfizer Ltd. (4193.30, -8.64%) and GAIL (India) Ltd. (122.55, -5.95%).

Volume Shockers

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

Top high volume gainers on BSE included Jindal Saw Ltd. (88.50, 8.12%), Deepak Nitrite Ltd. (459.85, 7.54%) and Aegis Logistics Ltd. (244.60, 7.16%).

Top high volume losers on BSE were Vodafone Idea Ltd. (3.40, -24.44%), Eris Lifesciences Ltd. (465.50, -11.33%) and IFCI Ltd. (6.15, -9.56%).

Spicejet Ltd. (89.15, 5.25%) was trading at 12.6 times of weekly average. Page Industries Ltd. (22447.05, -4.55%) and Navin Fluorine International Ltd. (1216.75, 5.86%) were trading with volumes 11.1 and 8.0 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

32 stocks hit their 52 week highs, while 16 stocks tanked below their 52 week lows.

Stocks touching their year highs included - Aegis Logistics Ltd. (244.60, 7.16%), Akzo Nobel India Ltd. (2380.80, 5.28%) and Apollo Hospitals Enterprise Ltd. (1704.40, 0.52%).

Stocks making new 52 weeks lows included - Bajaj Consumer Care Ltd. (197.80, -1.03%) and BASF India Ltd. (873.65, -0.51%).

8 stocks climbed above their 200 day SMA including UPL Ltd. (591.65, 2.23%) and Procter & Gamble Health Ltd. (4297.55, 0.50%). 12 stocks slipped below their 200 SMA including Eris Lifesciences Ltd. (465.50, -11.33%) and Hindustan Copper Ltd. (38.00, -8.10%).

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