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

08 February 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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The domestic indices, marked were in red with the realty and utilities sectors being top gainers while information technology and teck sectors were the top losers. At 11.30 am, the BSE Sensex plunged 0.20%, reaching a level of 72,015. The Nifty 50 index was down 0.22% to the 21,882 level. On the Sensex, State Bank of India, Axis Bank and Ultratech Cement were among the top gainers, whereas Tech Mahindra, Power Grid Corporation and Infosys were among the market draggers.

Some of the noteworthy volume movers are as follows: 

Knowledge Marine & Engineering Works Ltd: Witnessing a substantial 47-fold surge in trading volume, the shares surged 2.75%, reaching an intraday high of Rs 1,730 on the BSE. Knowledge Marine & Engineering Works Ltd is primarily engaged in the business of owning, chartering/ hiring along with manning, operation and technical maintenance of marine crafts and repairs/ maintenance of marine crafts and marine infrastructure and allied works in India.

Rolex Rings Ltd: Recording a significant 27-fold surge in trading volume, the shares witnessed a notable climb of around 3.8% today. Rolex Rings is a leading manufacturer of forged and machined components in India and is one of the top 5 forging companies in India. The company is a global supplier of hot rolled forged, machined bearing rings and automotive components for various segments of vehicles, industrial machinery, wind turbines and railways.

Aptus Value Housing Finance India Ltd: Experiencing an impressive 21-fold surge in trading volume, the shares surged by nearly 3.52% today. Aptus Value Housing Finance India Ltd is a Home Loan Company. Aptus has been formed to primarily address the housing finance needs of self-employed, low and middle-income families primarily from semi-urban and rural areas. Company targets first-time home buyers where the collateral is self-occupied residential property.

Gensol Engineering Ltd: Experiencing a remarkable surge in trading volume, the shares soared over 9%, reaching an intraday high of Rs 1,147 on the BSE. Gensol Engineering Ltd is engaged in the business of Solar consulting & EPC. The company raises Rs 900 crore via preferential issue from promoters, FIIs, FPIs and non-promoters. The shares of the company saw a spurt in volume by more than 2 times on BSE.

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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