Upbeat trading today. Nifty 50 was trading at 9168.55 (102, 1.1%) , BSE Sensex was trading at 31149.51 (330.9, 1.1%) while the broader Nifty 500 was trading at 7519.10 (1.24%).
Market breadth is highly positive. Of the 1578 stocks traded today, 1073 were in the positive territory and 393 were negative.
Riding High:
Largecap and midcap gainers today include InterGlobe Aviation Ltd. (980.00, 7.47%), Trent Ltd. (453.70, 7.14%) and Hindalco Industries Ltd. (128.20, 6.13%).
Downers:
Largecap and midcap losers today include L&T Technology Services Ltd. (1128.25, -2.74%), Bandhan Bank Ltd. (216.05, -2.72%) and Adani Transmission Ltd. (179.35, -2.71%).
Volume Shockers
11 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included GMM Pfaudler Ltd. (3787.80, 7.86%), InterGlobe Aviation Ltd. (980.00, 7.47%) and Gujarat Pipavav Port Ltd. (60.75, 6.11%).
TVS Srichakra Ltd. (1053.00, 6.07%) was trading at 9.5 times of weekly average. JK Lakshmi Cement Ltd. (209.60, 5.06%) and EID Parry (India) Ltd. (157.70, 5.91%) were trading with volumes 8.3 and 3.7 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
5 stocks overperformed with 52 week highs, while 8 stocks tanked below their 52 week lows.
Stocks touching their year highs included - Aurobindo Pharma Ltd. (714.50, 0.98%), J B Chemicals & Pharmaceuticals Ltd. (675.00, 3.90%) and Syngene International Ltd. (368.00, 5.10%).
Stocks making new 52 weeks lows included - Chennai Petroleum Corporation Ltd. (51.95, -3.53%) and Punjab National Bank (27.55, 3.57%).
8 stocks climbed above their 200 day SMA including Suzlon Energy Ltd. (2.80, 3.70%) and Info Edge (India) Ltd. (2473.15, 3.17%). 1 stock slipped below their 200 SMA including Tata Elxsi Ltd. (775.85, -1.48%).