Markets are trading high. Nifty 50 was trading at 9976.55 (95.4, 1.0%) , BSE Sensex was trading at 33808.75 (300.8, 0.9%) while the broader Nifty 500 was trading at 8209.55 (0.85%).
Market breadth is overwhelmingly positive. Of the 1615 stocks traded today, 1192 were on the uptick, and 374 were down.
Riding High:
Largecap and midcap gainers today include Muthoot Finance Ltd. (1132.20, 13.26%), Bharat Heavy Electricals Ltd. (30.75, 12.02%) and Coal India Ltd. (137.05, 5.87%).
Downers:
Largecap and midcap losers today include Indraprastha Gas Ltd. (451.75, -4.72%), ICICI Lombard General Insurance Company Ltd. (1277.40, -4.27%) and Cummins India Ltd. (370.20, -4.07%).
Volume Shockers
13 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included ITD Cementation India Ltd. (50.80, 19.95%), Nava Bharat Ventures Ltd. (44.90, 17.39%) and Somany Ceramics Ltd. (133.80, 17.21%).
Top high volume loser on BSE was Sheela Foam Ltd. (1440.00, -1.46%).
Time Technoplast Ltd. (42.00, 13.51%) was trading at 10.6 times of weekly average. ITI Ltd. (105.75, 16.79%) and GIC Housing Finance Ltd. (91.70, 9.49%) were trading with volumes 9.1 and 6.3 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
11 stocks overperformed with 52 week highs,
Stocks touching their year highs included - Biocon Ltd. (395.00, -0.28%), Coromandel International Ltd. (743.60, 3.05%) and Dhanuka Agritech Ltd. (789.45, 2.31%).
22 stocks climbed above their 200 day SMA including ITD Cementation India Ltd. (50.80, 19.95%) and Shankara Building Products Ltd. (374.80, 18.29%). 4 stocks slipped below their 200 SMA including Pidilite Industries Ltd. (1387.80, -3.10%) and Bank of Maharashtra (10.75, -0.46%).