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

The domestic indices had a robust start to the week, experiencing significant upward movement driven by strong gains in the power, oil & gas, banking, and financial services sectors. At 10:30 am, the BSE Sensex soared 1.06%, reaching a level of 71,447. The Nifty 50 index climbed 1.06% to the 21,578 level. On the Sensex, Power Grid Corporation of India, Kotak Mahindra Bank and Axis Bank were among the top gainers, whereas JSW Steel, Infosys and ITC Ltd were among the market draggers.

Some of the noteworthy volume movers are as follows:

Tips Industries Ltd

Shares experienced a trading volume surge of over 100 times and reached a 52-week high of Rs 433 on the BSE. The company is a well-known leading player in the media and entertainment industry. Since 1981, the company has achieved the highest number of gold and platinum discs compared to any other record label in India.

Religare Enterprises Ltd

Shares, with a 19-fold rise in trading volume, fell around 1%, reaching an intraday low of Rs 225 per share on the BSE. The company is a diversified financial services company operating across India, offering loans to SMEs, affordable housing finance, health insurance, and retail broking.

AU Small Finance Bank Ltd

Shares of the bank experienced heightened selling pressure due to disappointing quarterly results, leading to a significant 10% decline today. The bank is involved in offering a diverse range of banking and financial services, encompassing retail banking, wholesale banking, treasury operations, and various other services.

Bharti Airtel Ltd

Following a strong uptrend, shares, which reached a 52-week high of Rs 1,200 in the last trading session, showed modest gains today with a fourfold surge in trading volume. The company provides a comprehensive range of telecom services, including wireless and fixed-line technology, national and international long-distance connectivity, broadband services, digital TV, and fully integrated telecom solutions for its enterprise customers.

 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.