Nifty 50 closed at 16240.05 (-61.8, -0.4%) , BSE Sensex closed at 54364.85 (-105.8, -0.2%) while the broader Nifty 500 closed at 13855.95 (-135.8, -1.0%)

Market breadth is sharply down. Of the 1881 stocks traded today, 338 were in the positive territory and 1520 were negative.

Riding High:

Largecap and midcap gainers today include Eicher Motors Ltd. (2415.55, 3.04%), Hindustan Unilever Ltd. (2180.40, 3.01%) and Asian Paints Ltd. (3086.35, 2.70%).

Downers:

Largecap and midcap losers today include Oil India Ltd. (215.25, -8.95%), Adani Transmission Ltd. (2482.55, -8.17%) and Adani Green Energy Ltd. (2486.70, -8.12%).

Movers and Shakers

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

Top high volume gainers on BSE included Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (816.95, 7.76%), Minda Industries Ltd. (892.60, 5.44%) and Berger Paints (India) Ltd. (676.60, 1.85%).

Top high volume losers on BSE were Gujarat Fluorochemicals Ltd. (2315.90, -5.00%), Indostar Capital Finance Ltd. (174.95, -5.00%) and SRF Ltd. (2113.15, -5.00%).

Cera Sanitaryware Ltd. (3839.15, -0.66%) was trading at 16.8 times of weekly average. Venky's (India) Ltd. (1983.95, -4.24%) and Godrej Agrovet Ltd. (506.80, -3.66%) were trading with volumes 7.2 and 4.9 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

2 stocks took off, crossing 52 week highs, while 44 stocks tanked below their 52 week lows.

Stocks touching their year highs included - Power Grid Corporation of India Ltd. (243.65, -0.61%) and Esab India Ltd. (3383.20, -0.62%).

Stocks making new 52 weeks lows included - Amara Raja Batteries Ltd. (513.45, -1.39%) and Zydus Lifesciences Ltd. (330.10, -1.71%).

21 stocks climbed above their 200 day SMA including Minda Industries Ltd. (892.60, 5.44%) and Brightcom Group Ltd. (68.60, 4.97%). 19 stocks slipped below their 200 SMA including Tata Steel Ltd. (1164.90, -6.98%) and Tanla Platforms Ltd. (1224.95, -6.42%).