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

06 February 20242 mins read by Angel One
Investors were drawn to these stocks with increased trading volumes; do you have any of them in your portfolio?
Market Movers: Here are today’s high-volume buzzers!
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Today, domestic indices witnessed a significant upswing, driven by strong gains in IT, energy, power, and real estate stocks. At 10:25 am, the BSE Sensex soared 1.03%, reaching a level of 72,385. The Nifty 50 index climbed 1.08% to the 21,930 level. On the Sensex, Power Grid Corporation of India, Infosys and Reliance Industries were among the top gainers, whereas Maruti Suzuki, Titan and Hindustan Unilever were among the market draggers.

Some of the noteworthy volume movers are as follows:

Garment Mantra Lifestyle Ltd: Shares experienced a remarkable 13-fold surge in trading volume, attracting significant buying interest and consequently being locked at the 20% upper circuit at Rs 8.16 on the BSE. The company is actively involved in the manufacturing, selling, and distribution of fabrics and hosiery garments.

Aditya Birla Capital Ltd: Trading volume for shares experienced a sixfold increase, leading to a 10% surge today. Aditya Birla Capital Ltd, the holding company overseeing the financial services ventures of the Aditya Birla Group, is a comprehensive financial solutions group addressing the varied financial requirements of its customers throughout different stages of life. The company boasts a diverse portfolio covering lending, insurance, asset management, and various other services.

Varroc Engineering Ltd: Shares experienced a fivefold surge in trading volume, reaching a new 52-week high of Rs 616 per share on the BSE. The company stands as a prominent global tier-1 automotive component group, specializing in the manufacturing and supply of automobile components to a diverse array of Original Equipment Manufacturers (OEMs) worldwide.

Abbott India Ltd: Shares surged by over 9%, reaching a new 52-week high of Rs 28,286.55 per share on the BSE. The company stands as one of the leading multinational pharmaceutical firms in India, distributing its products primarily through independent distributors within the country. With a rich legacy spanning over 130 years, the group has established a global presence in more than 160 countries.

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.

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