Markets are trading up today. Nifty 50 was trading at 7894.65 (284.4, 3.7%) , BSE Sensex was trading at 27003.00 (1021.8, 3.9%) while the broader Nifty 500 was trading at 6450.10 (3.32%).
Market breadth is in the red. Of the 1603 stocks traded today, 689 were gainers and 830 were losers.
Riding High:
Largecap and midcap gainers today include Aurobindo Pharma Ltd. (338.90, 15.00%), HDFC Life Insurance Company Ltd. (393.50, 14.96%) and Cholamandalam Investment & Finance Company Ltd. (156.35, 14.92%).
Downers:
Largecap and midcap losers today include Bajaj Holdings & Investment Ltd. (1616.60, -11.43%), Au Small Finance Bank Ltd. (525.10, -9.99%) and Edelweiss Financial Services Ltd. (33.35, -9.99%).
BSE 500: highs, lows and moving averages
227 stocks were underachievers and hit their 52 week lows.
Stocks making new 52 weeks lows included - ACC Ltd. (983.00, -1.55%) and Aegis Logistics Ltd. (124.10, -2.78%).
18 stocks climbed above their 200 day SMA including Escorts Ltd. (632.40, 14.83%) and Fine Organic Industries Ltd. (1729.55, 11.38%). 20 stocks slipped below their 200 SMA including Timken India Ltd. (681.10, -6.24%) and Johnson Controls-Hitachi Air Conditioning India Ltd. (1883.00, -5.79%).