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

After initially struggling to gain momentum in early trades of the trading session, the domestic indices later picked up positive momentum, driven by gains in the power, utilities, consumer durables, and telecommunications sectors. At 10:30 am, the BSE Sensex gained 0.17%, reaching a level of 72,546. The Nifty 50 index added 0.22% to the 22,088 level. On the Sensex, ITC Ltd, Bharti Airtel and Bajaj Finance were among the top gainers, whereas Tata Consultancy Services, Larsen & Toubro and Wipro were among the market draggers.

Some of the noteworthy volume movers are as follows: 

Minda Corporation Ltd

Shares of Minda Corporation Ltd experienced a significant increase in trading volume, surging over 8% to reach a 52-week high of Rs 441.50 per share on the BSE. The company, a prominent player in India’s automotive component manufacturing sector, boasts a widespread presence across the country as well as globally. Renowned for its excellence, it holds a dominant position in the market, particularly in 2W lock sets and wiring harnesses for various vehicles including 2Ws, 3Ws, tractors, and commercial vehicles.

Sula Vineyards Ltd

Shares of Sula Vineyards Ltd witnessed a staggering 35-fold rise in trading volume, yet encountered substantial selling pressure, resulting in a notable drop of over 7% to an intraday low of Rs 571.35 on the BSE. The company stands as one of India’s largest wine producers and sellers. Its primary business segments encompass wine production, importation of wines and spirits, distribution of alcoholic beverages, and the provision of services through the ownership and operation of wine tourism venues, such as vineyard resorts and tasting rooms.

Quess Corp Ltd

Shares of Quess Corp Ltd experienced an eightfold surge in trading volume, propelling them over 16% higher to achieve a 52-week high of Rs 580 per share on the BSE. The company stands as India’s premier business services provider, utilizing its profound industry expertise and innovative digital platforms to enhance client productivity through outsourced solutions.

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.