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

The domestic indices started the trading session on a notably higher note and continued to climb impressively, driven by substantial gains in the information technology, banks, and financial services sectors. Conversely, FMCG, power, utilities, and metals sectors experienced significant losses during the session.

At 10:20 am, the BSE Sensex climbed 0.64% reaching a level of 73,974. The Nifty 50 index gained 0.45% to the 22,433 level. On the Sensex, HDFC Bank, Tata Consultancy Services and Reliance Industries were among the top gainers, whereas ITC Ltd, Nestle India and JSW Steel were among the market draggers.

Some of the noteworthy volume movers are as follows:

1. KFin Technologies Ltd

   The shares of KFin Technologies Ltd experienced a significant increase in trading volume accompanied by considerable selling pressure, causing a sharp decline of over 6% to reach an intraday low of Rs 588.40 per share on the BSE. The company is a prominent financial services platform driven by technology, offering services and solutions to asset managers and corporate issuers across various asset classes in India, and delivering numerous investor solutions.

2. ASM Technologies Ltd

   ASM Technologies Ltd witnessed a remarkable fourfold rise in trading volume, leading to an around 5% rise as it reached an intraday high of Rs 1,037.50 per share on the BSE. The company is actively involved in providing consulting and product development services, focusing on engineering services and product R&D.

3. Macrotech Developers Ltd

   Today, Macrotech Developers Ltd saw a slight decline in its shares after reaching a 52-week high of Rs 1,277.45 per share in the previous trading session on the BSE. The company specializes in real estate development and is recognized as one of the leading developers in India, focusing on the Mumbai Metropolitan Region (MMR) and Pune markets. It has multiple ongoing projects and maintains a presence across various segments including luxury, premium, mid-income, and affordable housing.

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.