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

Today, domestic indices showed a strong upward trend, advancing towards their 52-week highs, propelled by a robust rally in information technology stocks. The BSE Information Technology index experienced a remarkable surge of over 4%, contributing significantly to the overall positive momentum.

At 10:20 am, the BSE Sensex soared 0.80%, reaching a level of 72,294. The Nifty 50 index climbed 0.74% to the 21,806 level. On the Sensex, Infosys, Wipro and Tech Mahindra were among the top gainers, whereas Mahindra & Mahindra, Asian Paints and Titan were among the market draggers.

Some of the noteworthy volume movers are as follows:

Sical Logistics Ltd: Today, there was a remarkable increase in the trading volume of shares, allowing them to hit the 5% upper circuit at Rs 286.30 on the BSE. The company stands as a leading provider of integrated logistics solutions, engaging in various operations such as port handling, road and rail transport, warehousing, shipping, retail logistics, mining, and integrated logistics.

KEC International Ltd: Experiencing a trading volume surge of over 50-fold, the shares witnessed a roughly 2% gain on the BSE. The company is predominantly involved in the engineering, procurement, and construction (EPC) business, encompassing infrastructure projects, products, and systems. Their focus extends to activities related to power transmission, distribution, railway, and various other EPC ventures.

FSN E-Commerce Ventures Ltd: Witnessing a notable 40-fold surge in trading volume, the shares saw a slight dip after recently reaching a 52-week high of Rs 195.40 on the BSE. Popularly recognized as ‘Nykaa,’ the company operates as a digitally native consumer technology platform, offering consumers a content-driven, lifestyle retail experience. Nykaa boasts a diverse portfolio that includes beauty, personal care, and fashion products.

Kamat Hotels (India) Ltd: Fueled by heightened buying interest, the shares were locked at the 5% upper circuit, reaching a fresh 52-week high of Rs 301.20 on the BSE. Kamat Hotels (India) Limited, the flagship company of the Kamat Group, was established with the primary goal of establishing and operating hotels throughout India.

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.