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

Once more, domestic indices experienced a notable downturn in today’s trading session, with the oil & gas, energy, power, and metal sectors standing out as notable losers. However, amidst the weakness, BSE Realty and BSE Consumer Durables were the sole sectoral indices to trade in positive territory, showing resilience amid the broader market decline.

At 10:20 am, the BSE Sensex plunged 0.64% reaching a level of 72,629. The Nifty 50 index slumped 0.73% to the 21,984 level. On the Sensex, Bajaj Finance, Bajaj Finserv and ITC Ltd were among the top gainers, whereas NTPC Ltd, Mahindra & Mahindra and Axis Bank were among the market draggers.

Some of the noteworthy volume movers are as follows:

• La Opala RG Ltd

Shares of La Opala RG Ltd experienced a notable six-fold surge in trading volume, subsequently trading slightly lower after hitting a 52-week low of Rs 300.20 per share on the BSE. The company stands as a leading manufacturer and distributor of opal glassware, encompassing a wide range of products such as plates, bowls, dinner sets, cup-saucer sets, coffee mugs, tea sets, soup sets, pudding and dessert sets, alongside crystalware, including barware, vases, bowls, and stemware.

• NIBE Ltd

Shares of NIBE Ltd, experiencing a three-fold rise in trading volume encountered significant selling pressure, leading to the shares being locked at a 5% lower circuit and persisting in this pattern with consecutive sessions witnessing similar lower circuits. The company operates in the manufacturing sector, specializing in critical components for defence, electric vehicles, and software development.

• Waaree Technologies Ltd

Shares of Waaree Technologies Ltd went through a volatile journey, initially being locked at a 5% lower circuit before swiftly surging to hit a 5% upper circuit, reaching Rs 1,350.60 per share on the BSE. The shares have demonstrated remarkable resilience, rallying by more than 550% in the past year. The company primarily engages in the trading of e-vehicles, batteries, and products/services based on artificial intelligence.

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.