Gloom in markets in today's trading. Nifty 50 closed at 11250.55 (-254.4, -2.2%) , BSE Sensex closed at 38034.14 (-811.7, -2.1%) while the broader Nifty 500 closed at 9313.00 (-246.5, -2.6%)

Market breadth is highly negative. Of the 1690 stocks traded today, 200 were on the uptrend, and 1441 went down.

Riding High:

Largecap and midcap gainers today include Supreme Industries Ltd. (1460.95, 2.80%), Oracle Financial Services Software Ltd. (3028.00, 1.25%) and Kotak Mahindra Bank Ltd. (1287.85, 0.84%).

Downers:

Largecap and midcap losers today include Indiabulls Housing Finance Ltd. (154.70, -13.38%), Jindal Steel & Power Ltd. (173.00, -12.76%) and IndusInd Bank Ltd. (560.95, -8.52%).

Movers and Shakers

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

Top high volume losers on BSE were Indiabulls Housing Finance Ltd. (154.70, -13.38%), Jindal Steel & Power Ltd. (173.00, -12.76%) and Lakshmi Machine Works Ltd. (3539.05, -4.02%).

IIFL Wealth Management Ltd. (979.40, -0.31%) was trading at 19.9 times of weekly average. L&T Technology Services Ltd. (1665.05, -0.48%) and Gujarat Pipavav Port Ltd. (86.80, -3.07%) were trading with volumes 6.1 and 4.8 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

18 stocks overperformed with 52 week highs, while 1 stock were underachiever and hit their 52 week lows.

Stocks touching their year highs included - Apollo Hospitals Enterprise Ltd. (1824.75, -0.20%), Balkrishna Industries Ltd. (1318.45, -5.45%) and Bayer Cropscience Ltd. (6120.00, -3.66%).

Stock making new 52 weeks lows included - Mahindra & Mahindra Financial Services Ltd. (125.90, -5.52%).

3 stocks climbed above their 200 day SMA including Suzlon Energy Ltd. (3.10, 0.00%) and Finolex Cables Ltd. (286.55, -2.68%). 47 stocks slipped below their 200 SMA including PTC India Ltd. (46.30, -8.32%) and Aster DM Healthcare Ltd. (133.60, -8.27%).