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

Today, domestic indices faced challenges in gaining momentum, fluctuating between modest gains and losses. The telecommunication, power, and utilities sectors showed significant gains, while the FMCG and real estate sectors weighed down the market.

At 10.35 am, the BSE Sensex edged up by 0.09%, reaching a level of 72,218. The Nifty 50 index advanced 0.14% to the 21,961 level. On the Sensex, Power Grid Corporation of India, State Bank of India and Tata Consultancy Services were among the top gainers, whereas Nestle India, ITC Ltd and Maruti Suzuki were among the market draggers.

Some of the noteworthy volume movers are as follows: 

Jupiter Wagons Ltd: Due to increased selling pressure, there was a twenty-ninefold surge in trading volume, leading to shares trading over 1% lower today. The company’s primary focus is on manufacturing metal fabrication, including load bodies for commercial vehicles, rail freight wagons, and components.

S H Kelkar and Company Ltd: Shares experienced an elevenfold surge in trading volume, resulting in a remarkable increase of over 16%, reaching a 52-week high of Rs 203.85 on the BSE. The company is involved in the manufacturing, supply, and export of fragrances and aroma ingredients. Additionally, its product range encompasses personal care, hair care, skin care, cosmetics, fabric care, household products, and more.

Gujarat State Petronet Ltd: Shares witnessed a tenfold surge in volume and reached a new 52-week high of Rs 396.50 on the BSE. The company’s primary focus is on the transmission of natural gas through pipelines. Additionally, it is involved in the implementation and operation of city gas distribution and the generation of electricity through windmills.

Vishal Fabrics Ltd: Shares surged over 12% despite a weak market, reaching a 52-week high of Rs 26.65 per share on the BSE. The company is involved in the manufacturing and sale of various textile products, including dyed yarn, denim fabrics, and providing job work services for textile 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.