The market is trading on an upbeat note. Nifty 50 was trading at 11518.25 (53.8, 0.5%) , BSE Sensex was trading at 39081.30 (226.8, 0.6%) while the broader Nifty 500 was trading at 9547.30 (1.07%).

Market breadth is highly positive. Of the 1668 stocks traded today, 1260 were gainers and 314 were losers.

Riding High:

Largecap and midcap gainers today include Syngene International Ltd. (536.15, 12.89%), City Union Bank Ltd. (147.85, 10.46%) and MphasiS Ltd. (1271.15, 10.12%).

Downers:

Largecap and midcap losers today include Future Retail Ltd. (102.50, -3.67%), Hindustan Zinc Ltd. (230.00, -3.24%) and Indiabulls Housing Finance Ltd. (193.00, -2.97%).

Volume Rockets

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

Top high volume gainers on BSE included KPIT Technologies Ltd. (106.65, 19.97%), Indoco Remedies Ltd. (258.55, 17.10%) and Persistent Systems Ltd. (1161.30, 14.86%).

TeamLease Services Ltd. (2403.00, 10.18%) was trading at 13.1 times of weekly average. BASF India Ltd. (1545.40, 6.57%) and Edelweiss Financial Services Ltd. (75.85, 3.13%) were trading with volumes 12.0 and 11.1 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

33 stocks took off, crossing 52 week highs,

Stocks touching their year highs included - Atul Ltd. (6460.00, 2.69%), Emami Ltd. (397.30, 3.60%) and Escorts Ltd. (1252.05, 4.46%).

41 stocks climbed above their 200 day SMA including Blue Star Ltd. (676.25, 11.55%) and Avanti Feeds Ltd. (521.35, 10.48%). 3 stocks slipped below their 200 SMA including Fortis Healthcare Ltd. (132.60, -1.96%) and Schneider Electric Infrastructure Ltd. (79.30, -1.92%).