Markets rose in today's trading. Nifty 50 closed at 14335.45 (700.9, 5.1%) , BSE Sensex closed at 48600.61 (2314.8, 5%) while the broader Nifty 500 closed at 11805.10 (502.7, 4.5%)
Market breadth is surging up. Of the 1712 stocks traded today, 1198 were on the uptick, and 459 were down.
Riding High:
Largecap and midcap gainers today include IndusInd Bank Ltd. (970.60, 14.71%), ICICI Bank Ltd. (603.80, 12.44%) and IDBI Bank Ltd. (30.95, 11.53%).
Downers:
Largecap and midcap losers today include UPL Ltd. (534.10, -4.74%), Dr. Reddy's Laboratories Ltd. (4428.15, -3.79%) and Gujarat Gas Ltd. (359.35, -2.94%).
Volume Shockers
28 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included NCC Ltd. (67.05, 13.74%), Shriram City Union Finance Ltd. (1152.10, 13.10%) and HEG Ltd. (1048.00, 11.94%).
Top high volume losers on BSE were KRBL Ltd. (202.40, -14.65%), Jindal Stainless (Hisar) Ltd. (123.50, -9.62%) and Jindal Stainless Ltd. (74.15, -8.68%).
General Insurance Corporation of India (138.65, 5.12%) was trading at 10.1 times of weekly average. The New India Assurance Company Ltd. (138.40, 8.98%) and Dilip Buildcon Ltd. (440.60, 4.19%) were trading with volumes 8.9 and 6.8 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
12 stocks hit their 52 week highs,
Stocks touching their year highs included - Adani Transmission Ltd. (481.50, 4.64%), Carborundum Universal Ltd. (429.25, 6.28%) and Cummins India Ltd. (730.00, 9.55%).
7 stocks climbed above their 200 day SMA including General Insurance Corporation of India (138.65, 5.12%) and Manappuram Finance Ltd. (164.05, 5.09%). 7 stocks slipped below their 200 SMA including Dr. Reddy's Laboratories Ltd. (4428.15, -3.79%) and Pfizer Ltd. (4537.65, -2.14%).