Market Movers: Here Are Today’s High-Volume Buzzers!

Domestic indices, after starting the trading session much lower, managed to trim some losses thanks to strong gains in the capital goods, auto, and power sectors. Mixed investor sentiment was observed in the broader markets.

At 10:35 am, the BSE Sensex fell 0.13% reaching a level of 77,106. The Nifty 50 index declined 0.19% to the 23,454 level. On the Sensex, Sun Pharmaceutical Industries, Power Grid Corporation of India and Mahindra & Mahindra were among the top gainers, whereas IndusInd Bank, Tata Steel and Adani Ports were among the market draggers.

Some of the noteworthy volume movers are as follows:

1. CarTrade Tech Ltd

   Shares of CarTrade Tech Ltd experienced a significant increase in trading volume but dropped over 3% today, hitting an intraday low of Rs 827.75 per share on the BSE. The company is a provider of multi-channel auto platforms, offering coverage and presence across various vehicle types and value-added services. Its platform serves as a connection point for new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses, facilitating the buying and selling of diverse vehicle types.

2. Sir Shadi Lal Enterprises Ltd

   Shares of Sir Shadi Lal Enterprises Ltd continued to be locked at the upper circuit due to significant buying interest. Today, the shares were locked at a 5% upper circuit, reaching Rs 339.55 per share on the BSE. The company operates in the sugar manufacturing and distillery business.

3. JTL Industries Ltd

   Shares of JTL Industries Ltd experienced a notable surge in trading volume but plunged over 5% today, reaching an intraday low of Rs 208.20 per share on the BSE. The company stands out as a major player in the production of electric resistance welded (ERW) steel pipes, ranking among India’s largest section pipe and tube manufacturers. It specializes in a diverse range of products, including galvanized steel pipes, solar module mounting structures, and large diameter steel tubes and pipes.

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.