Trendlyne Marketwatch
Trendlyne Marketwatch
17 Aug 2020
LIVE: Markets close higher, HDFCSec bullish on Alkyl Amines
  • HDFC Securities is a buy on Alkyl Amines, citing "an exponential growth in margins". 

  • Markets closed higher today. Nifty 50 closed at 11259.65 (81.3, 0.7%) , BSE Sensex closed at 38050.78 (173.4, 0.5%) while the broader Nifty 500 closed at 9277.65 (63.3, 0.7%). Market breadth is in the green. Of the 1689 stocks traded today, 982 were in the positive territory and 625 were negative.

  • SJVN rose today after announcing that it has bagged a 100 megawatts solar power project in Dholera Solar Park

  • After then MD Aditya Puri issued clarifications during the earnings call on high level exits and whistleblower complaints at HDFC Bank, two US-based law firms, Rosen Law and Schall Law, have announced investigations of claims that the bank misled investors.  

  • Thyrocare, Sun TV among the top gainers today.

  • The Chief Financial Officer of Pi Industries has resigned, citing personal reasons. 

  • Markets are volatile in early trading. Nifty 50 was trading at 11217.30 (38.9, 0.4%) , BSE Sensex was trading at 37875.26 (-2.1, -0.0%) while the broader Nifty 500 was trading at 9249.20 (34.8, 0.4%). Market breadth is surging up. Of the 1557 stocks traded today, 1081 showed gains, and 383 showed losses.

  • ICICI Bank announced on Saturday that it has raised Rs 15,000 crore through a Qualified Institutional Placement (QIP) of equity shares at an issue price of Rs. 358/share.

Riding High:

Largecap and midcap gainers today include Sun TV Network Ltd. (429.95, 7.45%), Zee Entertainment Enterprises Ltd. (167.15, 3.69%) and NTPC Ltd. (91.25, 3.22%).

Downers:

Largecap and midcap losers today include Cummins India Ltd. (440.05, -1.95%), Tata Motors Limited (DVR) (43.75, -1.69%) and InterGlobe Aviation Ltd. (1120.70, -1.62%).

BSE 500: highs, lows and moving averages

5 stocks hit their 52 week highs,

Stocks touching their year highs included - Bajaj Electricals Ltd. (476.30, 1.73%), Lupin Ltd. (1010.00, -0.81%) and Tata Consumer Products Ltd. (540.15, 0.49%).

14 stocks climbed above their 200 day SMA including Sun TV Network Ltd. (429.95, 7.45%) and Ashoka Buildcon Ltd. (76.05, 7.26%). 11 stocks slipped below their 200 SMA including MRF Ltd. (60499.95, -1.52%) and Bharat Petroleum Corporation Ltd. (408.15, -1.23%).

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