Volume buzzers: Here are today’s market movers

Market Outlook

Both the Sensex and Nifty have incurred losses, experiencing declines of 0.72% and 0.73%, respectively. In addition, the Nifty Midcap segment has seen a substantial decrease of 1.32%, while the Nifty Smallcap segment has declined by 1.68%.

Currently, there are no major sectors showing positive performance, with the Nifty PSU Bank, Nifty Media, and Nifty Metal sectors being the top decliners.

Among the Nifty 50 stocks, the top gainers include HCL Tech, Dr Reddy’s Laboratories and TCS, while Adani Ports, Hero MotoCorp, and BPCL are among the leading losers.

Some of the noteworthy volume movers are as follows:

Welspun Investments and Commercials

Welspun Investments and Commercials is engaged in the business of Investment and dealing in shares & securities and trading of textile products & commodities. The stock has experienced a significant spike in trading volume, surging by more than 90 times and getting locked at a 20% upper circuit and a new 52-week high level at Rs 588.10 per share on the BSE.

Sky Gold

Sky Gold Limited is engaged in the business of designing, manufacturing, and marketing gold jewellery. The stock has seen a substantial increase in trading volume, rising by more than 17 times, zooming more than 19.5% to trade at an intraday high of Rs 416.10 per share on the BSE.

Swasti Vinayaka Synthetics

Swasti Vinayaka Synthetics Limited is mainly engaged in the manufacturing of suiting, shirting and apparel. The stock has witnessed a significant surge in trading volume, increasing by more than 7.85 times, zooming more than 19% to trade at an intraday high of Rs 4.07 per share on the BSE.

Gennex Laboratories

Gennex Laboratories Ltd is engaged in the business of manufacturing Bulk Drugs and intermediaries. The stock has experienced a substantial increase in trading volume, rising by more than 3.22 times and surging more than 19.5% to trade at intraday high of Rs 13.46 per share on the BSE.

Khemani Distributors and Marketing

Khemani Distributors and Marketing is engaged in the business of trading in FMCG products of Hindustan Unilever Limited as a redistribution stockist. The stock has witnessed a substantial surge in trading volume, increasing by more than 1.50 times and getting locked at a 20% upper circuit at Rs 45.80 apiece on the 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.