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

Amidst uncertainties surrounding election jitters, Indian headline indices experienced bearish investor sentiment and a significant decline. The lack of investor confidence was evident not only in the main indices but also in the broader markets, as all sectoral indices reported notable losses.

At 10:45 am, the BSE Sensex plunged 1.07% reaching a level of 71,885. The Nifty 50 index tumbled 1.04% to the 21,825 level. On the Sensex, Asian Paints, Hindustan Unilever Ltd and Sun Pharmaceutical Industries Ltd were among the top gainers, whereas Infosys, Tata Motors, NTPC Ltd and State Bank of India were among the market draggers.

Some of the noteworthy volume movers are as follows:

• Great Eastern Shipping Company Ltd

With a 67-fold surge in trading volume, shares of Great Eastern Shipping Company Ltd rose around 3%, reaching an intraday high of Rs 1,019.95 per share on the BSE. The company is a leading player in the Indian shipping and oil drilling services industry, owning and operating 43 ships and 23 offshore assets.

• SG Mart Ltd

Shares of SG Mart Ltd, experiencing a 13-fold rise in trading volume today, were locked at the 2% lower circuit, trading at Rs 437.10 per share on the BSE. The company offers a diverse range of products, including steel construction items such as TMT rebars, HR sheet, welding rod, binding wire, mesh net, tapping screw, and barbed wire. Additionally, they provide tiles, cement, bath fittings, laminates, and paints.

• Dr Lal Pathlabs Ltd

With an 8 times surge in trading volume, shares of Dr Lal Pathlabs Ltd saw increased buying interest, climbing more than 8% in an otherwise bearish market to reach an intraday high of Rs 2,539 per share on the BSE. The company is one of India’s leading consumer healthcare brands in diagnostic services, offering a broad range of diagnostic and related healthcare tests and services.

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.