Market Movers: Here Are Today’s High-Volume Buzzers!

After reaching all-time highs in the previous trading session, domestic indices struggled to gain momentum in early trades today but later managed to gain traction. The sectoral gains were led by the capital goods, power, oil & gas, and auto sectors.

At 10:35 am, the BSE Sensex gained 0.28% reaching a level of 76,703. The Nifty 50 index added 0.29% to the 23,326 level. On the Sensex, Larsen & Toubro, Tata Steel and Tata Motors were among the top gainers, whereas Asian Paints, Kotak Mahindra Bank and Bharti Airtel were among the market draggers.

Some of the noteworthy volume movers are as follows:

1. InterGlobe Aviation Ltd
   

   Shares of InterGlobe Aviation Ltd, after reaching a 52-week high in the last trading session, experienced a notable decline today with a significant surge in trading volume. As the leading player in India’s aviation sector and a prominent passenger airline functioning as a low-cost carrier, the company delivers a simple, unbundled service to passengers, aligning with its core brand commitment of offering ‘low fares, on-time flights, and courteous, hassle-free service’ to its clientele.

2. Honasa Consumer Ltd
   

   Shares of Honasa Consumer Ltd faced selling pressure today, falling more than 5% to reach an intraday low of Rs 435.05 per share on the BSE. The company’s offerings span from natural personal care and scientifically-supported skincare to a modern take on Ayurveda. Its array of distinct brands encompasses various categories, such as baby care, facial care, body care, hair care, cosmetics, and fragrances, each presenting unique value propositions.

3. Action Construction Equipment Ltd
   

   Shares of Action Construction Equipment Ltd experienced a 40-fold rise in trading volume and tumbled over 6% to reach an intraday low of Rs 1,385.45 per share on the BSE. The company is engaged in the manufacturing and marketing of hydraulic mobile cranes, mobile tower cranes, material handling equipment such as forklifts, road construction equipment including backhoe loaders, compactors, motor graders, and agricultural equipment.

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.