Today Indian market indices opened in green with more than 1% gains and now trading with 1.03% gains at 9:57am. Overall majority of the sensex and nifty stocks in green with banks and finance companies are leading the nifty50. Major Gainers are HDFCBANK (3.5%), M&M (3.2%), INDUSINDBK (2.6%), GRASIM (2.1%), BAJFINANCE (2.0%) and SBIN (2.0%) with more than 2% in the morning trade. TECHM (1.8%), ITC (1.8%), RELIANCE (1.6%), ONGC (1.6%), TCS (1.4%), HINDALCO (1.4%), BPCL (1.3%), UPL (1.2%) and TATAMOTORS (1.2%) also trading with more than 1% gains. Major Losers in the Nifty50 Stocks are BAJAJ-AUTO (-1.5%), GAIL (-1.1%), SUNPHARMA (-0.9%), POWERGRID (-0.8%), DRREDDY (-0.7%), INFRATEL (-0.7%), TITAN (-0.7%), HEROMOTOCO (-0.6%), HINDUNILVR (-0.5%), ASIANPAINT (-0.1%)
More Buy is happening in stocks like RELIANCE (45%), M&M (26%), EICHERMOT (14%), SHREECEM (14%), GRASIM (14%), HDFCBANK (11%), HCLTECH (10%), TCS (9%), ADANIPORTS (8%), ULTRACEMCO (7%), POWERGRID (5%), ITC (3%), NESTLEIND (2%) etc. Top Sell Bids in TATAMOTORS (-58%), JSWSTEEL (-50%), INDUSINDBK (-43%), TATASTEEL (-38%), ICICIBANK (-37%), SBIN (-36%), AXISBANK (-35%), HINDALCO (-35%), CIPLA (-32%), ZEEL (-30%), BAJFINANCE (-29%), IOC (-29%), COALINDIA (-26%), KOTAKBANK (-26%), LT (-24%). Even though buy bids are in many stocks sell percentage is more compared to buy bid stocks. So traders are not sure about afternoon move and expecting a comeback from the current levels after Europe opens.
No major Volume Gainers as of now as it is not even one hour trade completed. Since we calculate volume gain by minute by minute basis this is more accurate. Stocks like ITC (-66.3%), GRASIM (-68.0%), TCS (-72.0%), TECHM (-72.5%), EICHERMOT (-74.1%), HDFCBANK (-75.9%), BAJAJ-AUTO (-76.5%), M&M (-78.3%), INDUSINDBK (-78.6%), ADANIPORTS (-79.7%), RELIANCE (-79.8%), COALINDIA (-80.3%), SBIN (-80.9%), BAJFINANCE (-83.4%), HEROMOTOCO (-83.5%) etc are faring better in volume compared to other nifty stocks.
Major Recoveries Today from their respective day’s low : M&M (2.6%), GRASIM (1.9%), RELIANCE (1.4%), BPCL (1.3%), SBIN (1.2%), TCS (1.2%), BAJFINANCE (1.1%), ONGC (1.1%), HDFCBANK (1.0%), ITC (1.0%), HINDALCO (0.9%), IOC (0.8%), UPL (0.7%), TECHM (0.7%), INFY (0.7%).
Major Drops Today from their respective day’s high : EICHERMOT (-2.4%), BAJAJ-AUTO (-2.0%), HEROMOTOCO (-1.6%), INFRATEL (-1.5%), TITAN (-1.5%), POWERGRID (-1.4%), ICICIBANK (-1.3%), COALINDIA (-1.3%), SUNPHARMA (-1.2%), TATAMOTORS (-1.2%), DRREDDY (-1.2%), INDUSINDBK (-1.2%), HINDALCO (-1.1%), AXISBANK (-1.1%), JSWSTEEL (-1.0%)