Markets are trading high. Nifty 50 was trading at 15736.05 (100.7, 0.6%) , BSE Sensex was trading at 52267.21 (325.6, 0.6%) while the broader Nifty 500 was trading at 13508.00 (0.83%).
Market breadth is ticking up strongly. Of the 1734 stocks traded today, 1384 were gainers and 324 were losers.
Riding High:
Largecap and midcap gainers today include Dr. Lal Pathlabs Ltd. (3212.00, 7.26%), Bajaj Finance Ltd. (5923.75, 4.39%) and Varun Beverages Ltd. (799.45, 4.23%).
Downers:
Largecap and midcap losers today include Indian Overseas Bank (20.10, -2.19%), Adani Green Energy Ltd. (1216.10, -1.86%) and REC Ltd. (161.45, -1.52%).
Volume Rockets
10 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Deepak Fertilisers & Petrochemicals Corporation Ltd. (368.50, 16.25%), Gujarat Pipavav Port Ltd. (116.10, 7.90%) and Dr. Lal Pathlabs Ltd. (3212.00, 7.26%).
Bata India Ltd. (1621.30, 4.07%) was trading at 9.4 times of weekly average. Jindal Stainless (Hisar) Ltd. (183.85, 4.19%) and Jindal Stainless Ltd. (98.15, 5.71%) were trading with volumes 5.3 and 5.0 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
34 stocks took off, crossing 52 week highs,
Stocks touching their year highs included - Astral Ltd. (1978.65, 1.80%), Balkrishna Industries Ltd. (2285.35, 1.63%) and Cera Sanitaryware Ltd. (4635.65, 2.29%).
9 stocks climbed above their 200 day SMA including CreditAccess Grameen Ltd. (715.00, 4.92%) and Future Consumer Ltd. (8.27, 4.03%). 6 stocks slipped below their 200 SMA including Mas Financial Services Ltd. (883.10, 0.38%) and Multi Commodity Exchange of India Ltd. (1580.35, 0.60%).