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

24 January 20243 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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Domestic indices started the week on a bullish note led by strong gains in healthcare, IT and telecommunication stocks. At 10:15 am, the BSE Sensex soared 0.45%, reaching a level of 71,747. The Nifty 50 index climbed 0.47% to the 21,672 level. On the Sensex, Sun Pharmaceutical Industries, Power Grid Corporation of India and Bharti Airtel were among the top gainers, whereas HDFC Bank, Asian Paints and Hindustan Unilever were among the market draggers.

Some of the noteworthy volume movers are as follows:

Asahi India Glass Ltd: Experiencing a remarkable 19-fold increase in trading volume, the shares witnessed a substantial 17% surge, reaching an intraday high of Rs 636 per share on the BSE. The company stands out as India’s leading provider of value-added and integrated glass solutions, holding a dominant position in both the automotive and architectural glass segments.

Gensol Engineering Ltd: Benefiting from heightened trading activity, the shares have reached the upper circuit limit of 5%, touching Rs 898.05 on the BSE. The company specializes in offering end-to-end solar services, encompassing advisory, execution, and operation for solar projects both in India and internationally. It has established a commendable reputation as a comprehensive solar solutions provider, catering to various stakeholders such as government policymakers, prominent project developers, solar EPC companies, and leading institutions.

Persistent Systems Ltd: Experiencing a threefold surge in trading volume, the shares registered an around 10% ascent, reaching a fresh 52-week high of Rs 8,716.65 per share on the BSE. The company specializes in delivering software engineering and strategy services, aiding businesses in the implementation and modernization of their operations.

3i Infotech Ltd: Shares witnessed a threefold rise in trading volume, reaching a fresh 52-week high of Rs 60.95 on the BSE. Under IT Solutions, the company offers services such as cloud computing, platform solutions, application-automation-analytics, application development, and digital transformation consulting. Transaction services include BPS and KPO services, encompassing the management of back-office operations.

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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