Market breadth is sharply down. Of the 1672 stocks traded today, 236 were gainers and 1376 were losers.
Narayana Hrudayalaya, Solar Industries India, Aavas Financiers, and Mahindra CIE Automotive are trading with rising delivery volumes.
Credit Suisse and Macquire are bullish on Bharti Airtel, despite the telecommunications company dropping 22% since the beginning of the month.
The promoter group of Meghmani Organics has resumed reacquiring the company's equity. In the past two weeks, over 1.6 lakh shares were reacquired in 3 insider trades, valued at Rs. 1.2 crores.
Sheela Foam, Godrej Industries, Tube Investments, and Zensar Technologies are trading with volume higher than the weekly average.
HDFC Securities names its top picks in the cement industry - UltraTech Cement and Ambuja Cements among large-caps and JK Cement and Birla Corporation among mid-caps.
Advanced Enzyme Technologies, Apollo Hospitals Enterprises, and Syngene International are trading in the green having hit fresh 52-week highs.
Anupama Patil, the wife of Kishor Patil CEO of KPIT Technologies acquires 94,000 shares in the company at an average price of Rs. 104.3 per share, valuing the insider trade at Rs. 98 lakhs. On 18 September, she acquired 14 lakh shares.
Indiabulls Real Estate, Suntech Realty, Sobha, DLF, and Brigade Enterprises are the worst-hit stocks in the realty market today.
ICICI Securities' top pick in the OEM automotive space is Mahindra & Mahindra, followed by Tata Motors and Escorts. Ashok Leyland was upgraded to a 'Buy' rating and Maruti Suzuki retained a 'Reduce' rating.
The promoter group of Pudumjee Paper Products has been increasingly reacquiring the company's equity. Since the beginning of the month, over 3 lakh shares have been reacquired.
GMM Pfaudler is falling for the third day in succession as the trading price nears promoters' OFS discounted selling price of Rs. 3,500 per share.
Zydus Wellness is rising as the board of the consumer goods company approves raising funds through a QIP at a floor price of Rs. 1,775.8 per equity share.
Market breadth is highly negative. Of the 1478 stocks traded today, 146 showed gains, and 1276 showed losses.
Crowd Puller Stocks
11 stocks in BSE 500 are trading on high volumes today.
NHPC Ltd. (20.00, -0.50%) was trading at 7.9 times of weekly average. Bharti Infratel Ltd. (169.10, 1.29%) and Fortis Healthcare Ltd. (135.85, 0.70%) were trading with volumes 5.1 and 3.9 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
Stock making new 52 weeks lows included - Coal India Ltd. (115.70, -4.42%).
6 stocks climbed above their 200 day SMA including Colgate-Palmolive (India) Ltd. (1373.95, 1.47%) and Fortis Healthcare Ltd. (135.85, 0.70%). 39 stocks slipped below their 200 SMA including Tata Motors Ltd. (122.75, -6.58%) and Quess Corp Ltd. (371.80, -6.16%).