After starting the trading session on a brighter note, domestic indices retraced some of the initial gains and experienced a notable downturn. The healthcare and consumer durables sectors recorded notable losses, while the IT, real estate, and capital goods sectors endeavoured to uplift the market. The BSE Smallcap index outperformed the main indices by a substantial margin.
At 11:05 am, the BSE Sensex gained 0.16%, reaching a level of 71,966. The Nifty 50 index added 0.17% to the 21,695 level. On the Sensex, Tata Consultancy Services, Infosys and Wipro were among the top gainers, whereas Sun Pharmaceuticals, Nestle India, and HDFC Bank were among the market draggers.
The 360 One Wam Ltd shares witnessed a massive 70-fold increase in trading volume but were slightly down as they touched an intraday low of Rs 644 on the BSE. IIFL Wealth Management Limited stands as one of India’s leading private wealth management firms, offering a spectrum of services such as financial product distribution, advisory, and portfolio management. They specialize in pooling funds and assets across different investor categories, including High Net Worth Individuals.
Shares of Krishna Institute of Medical Sciences experienced a remarkable 43-fold surge in volume, reaching an intraday high of Rs 2,043 and securing a gain of more than 3% for the day. As one of the major corporate healthcare groups in Andhra Pradesh and Telangana, the company provides comprehensive healthcare services, encompassing primary, secondary, and tertiary care, catering to 2-3 tier cities.
Mirza International’sshares attracted substantial buying interest, climbing around 14% alongside a notable 22-fold increase in trading volume. Specializing in the manufacturing and export of finished leather and footwear, the company also engages in trading activities involving footwear, apparel, and allied products.
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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