Markets are trading up today. Nifty 50 was trading at 14820.45 (112.7, 0.8%) , BSE Sensex was trading at 50029.12 (277.7, 0.6%) while the broader Nifty 500 was trading at 12360.35 (0.79%).
Market breadth is highly positive. Of the 1671 stocks traded today, 1096 were gainers and 497 were losers.
Riding High:
Largecap and midcap gainers today include Indian Overseas Bank (17.20, 9.55%), ABB India Ltd. (1569.00, 6.01%) and Union Bank of India (40.75, 5.16%).
Downers:
Largecap and midcap losers today include MphasiS Ltd. (1671.00, -4.24%), Cholamandalam Investment & Finance Company Ltd. (500.20, -3.40%) and Jubilant Foodworks Ltd. (3095.25, -3.39%).
BSE 500: highs, lows and moving averages
32 stocks overperformed with 52 week highs,
Stocks touching their year highs included - Container Corporation of India Ltd. (582.90, 4.59%), Cummins India Ltd. (793.60, -0.99%) and Hindustan Copper Ltd. (126.45, 8.87%).
6 stocks climbed above their 200 day SMA including Edelweiss Financial Services Ltd. (65.15, 3.58%) and Ujjivan Financial Services Ltd. (243.00, 2.47%). 4 stocks slipped below their 200 SMA including Sun Pharma Advanced Research Company Ltd. (169.95, -2.27%) and Natco Pharma Ltd. (806.55, -1.68%).