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

09 February 20242 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 were experiencing fluctuations, swinging between modest gains and losses amid increased volatility. Conversely, the broader indices saw a notable downturn, with both the BSE Mid-cap index and BSE Small-cap index dropping by over 1% each. Most sectoral indices on the BSE were in negative territory, with the exception of FMCG, banks, and consumer durables.

At 10.30 am, the BSE Sensex edged up by 0.02%, reaching a level of 71,437. The Nifty 50 index edged down by 0.05% to the 21,706 level. On the Sensex, ICICI Bank, ITC Ltd and Bajaj Finance were among the top gainers, whereas Mahindra & Mahindra, Tata Steel and Bharti Airtel were among the market draggers.

Some of the noteworthy volume movers are as follows: 

Strides Pharma Science Ltd: The trading volume of shares experienced a significant surge of 34 times, yet they were slightly down, reaching an intraday low of Rs 703.90 per share on the BSE. The company operates in the pharmaceutical product development and manufacturing sector.

R S Software India Ltd: Shares experiencing a 21-fold rise in trading volume were locked at a 5% upper circuit, reaching a 52-week high of Rs 106.43 on the BSE. The company specializes in software development, maintenance, testing, and software project management, utilizing both client-server and web-based technologies.

Apollo Pipes Ltd: Shares experienced a substantial rise in buying interest, climbing around 18% to achieve a 52-week high of Rs 798.85 on the BSE. The company stands as one of India’s foremost providers of piping solutions, involved in the manufacturing and trading of cPVC, uPVC, and HDPE pipes, PVC taps, fittings, water storage tanks, solvents, and related products.

Ahasolar Technologies Ltd: Today, shares with a fivefold increase in volume reached the upper circuit limit of Rs 467.55 on the BSE but subsequently retreated. The company is dedicated to CleanTech, facilitating energy transition through digital transformation.

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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