Indian headline indices, which began the trading session lower, later recovered due to notable gains in the fast-moving consumer goods (FMCG) and banking sectors. However, heavy selling pressure was observed in the broader markets.
At 10:35 am, the BSE Sensex added 0.12% reaching a level of 80,811. The Nifty 50 index gained 0.10% to the 24,638 level. On the Sensex, Hindustan Unilever, Bajaj Finserv and State Bank of India were among the top gainers, whereas UltraTech Cement, Adani Ports and Tata Steel were among the market draggers.
Some of the noteworthy volume movers are as follows:
Shares of Just Dial Ltd experienced a remarkable 26-fold surge in trading volume today, attracting substantial buying interest. This led to an impressive 18% gain in share price, reaching a 52-week high of Rs 1,219 per share on the BSE. Just Dial Ltd is the market leader in India’s local search engine segment, offering search-related services across various platforms. Their multi-platform approach includes an app (available on Android and iOS), a mobile website, desktop/PC access, and voice and text services.
Shares of Torrent Power Ltd saw a notable 7-fold rise in trading volume, climbing more than 9% to reach a 52-week high of Rs 1,687 per share on the BSE. As a leading integrated power utility company in India, Torrent Power operates across the generation, transmission, and distribution sectors. Its operations span the states of Gujarat, Maharashtra, Uttar Pradesh, and Karnataka.
Shares of KPI Green Energy Ltd experienced a 6-fold surge in trading volume today, hitting the 5% upper circuit at Rs 1,070.35 per share, marking a 52-week high on the BSE. The company develops, builds, owns, manages, and maintains renewable power facilities, including solar and wind-solar hybrid power projects, serving both as an Independent Power Producer (IPP) and a service provider to Captive Power Producers (CPPs).
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.
Published on: Jul 18, 2024, 6:24 PM IST
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