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

22 April 20244 mins read by Angel One
An increase in trading volumes accompanied by price gains during the early morning session usually presents an enticing opportunity for investors to evaluate stocks.
Market Movers: Here are today’s high-volume buzzers!
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Today, the Indian market opened the day in the green after a two-day losing streak. The BSE Sensex index opened the day at around 73183.10, which is 239 points up compared to Tuesday’s closing levels.

Currently, as of writing this article, the BSE Sensex is trading at around 73048.66, up by 104.98 points or 0.14% from Tuesday’s closing levels. It has recorded an intraday high of 73295.80 and an intraday low of 72968.97. Among the major gainers are Power Grid, Mahindra and Mahindra, and TCS.

Some of the noteworthy volume movers are as follows: 

Just Dial Limited

Just Dial, the market leader in the local search engine segment in India, provides local search-related services to users across the country in a platform-agnostic manner. Its multi-platform offerings include an app for Android and iOS devices, a mobile website, desktop/PC access, as well as voice and text-based search options. Today, the company experienced a significant surge in trading volume by over 7 times, with Just Dial share price climbing over 10% to reach a 52-week high of Rs 989.85 per share on the BSE.

ICICI Lombard General Insurance Limited 

ICICI Lombard General Insurance is one of the leading and established private sector general insurance companies in India. It offers a well-diversified range of products and risk management solutions through multiple distribution channels. Today, the company experienced a significant surge in trading volume by around 3.40 times, with ICICI Lombard General Insurance share price climbing over 4.5% and currently trading at around 1720.15 per share on the BSE.

Moschip Technologies Limited 

Moschip Technologies is a semiconductor and system design company with a focus on Turnkey ASICs, Mixed Signal IP, semiconductor, and product engineering, as well as IoT solutions catering to aerospace & defence, consumer electronics, automotive, medical, and networking & telecommunications. Today, the company experienced a significant surge in trading volume by around 3.30 times, with Moschip Technologies share price rallying over 17% to reach a 52-week high of Rs 130.88 per share and currently trading at around Rs 129.79 per share on the BSE.

RIR Power Electronics Limited

RIR Power Electronics is engaged in the manufacturing of traditional semiconductor devices such as bridges, power modules, diodes, rectifiers, and thyristors. Today, the company experienced a significant surge in trading volume by around 2.60 times, with RIR Power Electronics share price rallying around 5% to reach a 52-week high of Rs 1642.45 per share and currently trading at around Rs 1628 per share on the BSE. Moreover, the company’s stock hit an upper circuit today.

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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