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

31 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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Commencing the trading session with a dismal start, domestic indices exhibited a significant surge, propelled by strong contributions from the telecommunication, metal, FMCG, and power sectors. At 10:55 am, the BSE Sensex climbed 0.64%, reaching a level of 70,821. The Nifty 50 index surged 0.69% to the 21,384 level. On the Sensex, IndusInd Bank, State Bank of India and Hindustan Unilever were among the top gainers, whereas Asian Paints, Axis Bank and Sun Pharmaceutical Industries were among the market draggers.

Some of the noteworthy volume movers are as follows:

KDDL Ltd: The trading volume of shares witnessed a substantial surge, accompanied by a notable increase in buying interest. KDDL, a prominent Indian company, specializes in producing watch components, high-precision stamped components, and progressive tools for various engineering applications. Additionally, KDDL holds the distinction of owning India’s largest luxury watch retail chain, operated through its subsidiary, Ethos Limited.

Fortis Healthcare Ltd: Shares underwent a remarkable 80-fold surge in trading volume, modestly gaining to achieve an intraday high of Rs 424 per share on the BSE. The company stands as a leading integrated healthcare service provider in India, encompassing various sectors such as hospitals, diagnostics, and specialty day care facilities.

Max Healthcare Institute Ltd: Following a notable achievement of touching a 52-week high at Rs 804 on the BSE in the previous session, shares, marked by an 80-fold surge in trading volume, were experiencing a slight downturn of around 2% today. The company is involved in delivering healthcare services through primary care clinics, multi-specialty hospitals, and super-specialty hospitals. Their services encompass operation and management, medical services, clinical, radiology, pathology services, and related healthcare offerings.

Computer Age Management Services Ltd: Despite experiencing an impressive 50-fold surge in trading volume, the shares are currently trading down by more than 2% today, reaching an intraday low of Rs 2,669 per share on the BSE. The company specializes in providing investor services, distributor services, and asset management companies (AMC) 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.

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