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

The domestic indices faced a significant downturn, affected by substantial losses in the information technology, banking, financial services, and consumer durables sectors. In contrast, broader indices performed exceptionally well, outperforming the main indices by a considerable margin.

At 10:35 am, the BSE Sensex plunged 0.79%, reaching a level of 70,497. The Nifty 50 index slumped 0.70% to the 21,305 level. On the Sensex, NTPC Ltd, IndusInd Bank and Hindustan Unilever were among the top gainers, whereas Tech Mahindra, Axis Bank, and Sun Pharmaceutical Industries were among the market draggers.

Some of the noteworthy volume movers are as follows:

Sangam (India) Ltd: Trading volume for the Sangam (India) Ltd shares experienced a surge of over 100 times, reaching a new 52-week high of Rs 490.80 per share on the BSE. The company is involved in the manufacturing and sale of synthetic blended, cotton & texturized yarn, fabrics, denim fabrics, and ready-made seamless garments.

Alkem Laboratories Ltd: Shares attracted significant buying interest, evident in the increased trading volume. The company is actively involved in the development, manufacturing, and sale of pharmaceutical and nutraceutical products. It has secured a leadership position in acute therapy, holding a robust market presence in anti-infective, gastrointestinal, pain management, vitamins, minerals, and nutrient segments.

Torrent Pharmaceuticals Ltd: Trading volume for the shares surged 112 times and exhibited a modest decline after reaching a recent 52-week high of Rs 2,553 on the BSE. The company is a leading Indian pharmaceutical company involved in the research, development, manufacturing, and marketing of generic pharmaceutical formulations, holding a leading position in the industry.

Dalmia Bharat Ltd: Shares experienced a 60-fold increase in trading volume and reached an intraday high of Rs 2,219 on the BSE. The company operates in the business of manufacturing and selling cement and is counted among the largest cement manufacturers in India based on installed capacity.

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.