Market Movers: Here are today’s high-volume buzzers!

As the budget announcements loom with less than one hour remaining, domestic indices are witnessing heightened volatility. The increased anticipation is palpable, with all eyes eagerly awaiting the upcoming declarations. At 10:10 am, the BSE Sensex gained 0.29%, reaching a level of 71,963. The Nifty 50 index advanced 0.24% to the 21,778 level. On the Sensex, Power Grid Corporation of India, Maruti Suzuki and Mahindra and Mahindra were among the top gainers, whereas Bajaj Finance, JSW Steel and Larsen & Toubro were among the market draggers.

Some of the noteworthy volume movers are as follows:

PB Fintech Ltd: The trading volume of shares witnessed a remarkable increase of more than 100 times, reaching a 52-week high at Rs 1,050 per share on the BSE. Recognized as Policy Bazaar, the company stands as India’s leading online platform for insurance and lending products. Operating through its flagship brands, Policybazaar and Paisabazaar, the company offers easy access to insurance, credit, and various financial products.

Godrej Consumer Products Ltd: The shares experienced substantial buying interest, leading to a 10% upper circuit lock and reaching a 52-week high of Rs 1,280 per share on the BSE. This company operates in the fast-moving consumer goods sector, specializing in the manufacturing and marketing of household and personal care products.

Patanjali Foods Ltd: Shares experienced a remarkable 22-fold surge in trading volume, trading close to 1% lower and reaching an intraday low of Rs 1,565 per share on the BSE. Formerly known as Ruchi Soya Industries, the company has transformed into an integrated participant in the edible oil business, establishing its presence throughout the entire value chain.

SG Mart Ltd: Under intense selling pressure, the shares were subjected to a 2% lower circuit, settling at Rs 10,651 per share on the BSE today. SG Mart operates as an online marketplace catering to the daily requirements of groceries, vegetables, clothing, accessories, home decor, and various other household necessities.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.