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

Despite initially opening lower, domestic indices picked up momentum during the trading session, driven by strong performances in the power, utilities, financial services, and banking sectors. Conversely, the auto, metals, and oil & gas sectors experienced significant selling pressure, reflecting negative investor sentiments. At 10:40 am, the BSE Sensex added 0.11%, reaching a level of 72,785. The Nifty 50 index edged up by 0.05% to the 22,116 level. On the Sensex, Power Grid Corporation of India, HDFC Bank and NTPC Ltd were among the top gainers, whereas HCL Technologies, Infosys and Tata Steel were among the market draggers.

Some of the noteworthy volume movers are as follows: 

1. Whirlpool of India Ltd

   Whirlpool of India Ltd witnessed a significant increase in trading volume, leading to considerable selling pressure, causing its shares to decline by more than 4% and touching an intraday low of Rs 1,271 on the BSE. The company is a prominent player in the manufacturing and marketing of major home appliances in the country. Its product range encompasses a diverse array of items including refrigerators, washing machines, air conditioners, microwave ovens, built-in appliances, and small appliances.

2. Bharat Agri Fert & Realty Ltd

   Bharat Agri Fert & Realty Ltd experienced an impressive 11-fold rise in trading volume, leading its shares to be temporarily locked at the 20% upper circuit level, reaching Rs 111.39 per share on the BSE. The company is involved in various sectors including the construction and development of residential and commercial complexes, fertilizer manufacturing, and the operation of a resort.

3. Bata India Ltd

   Experiencing a remarkable four-fold surge in trading volume, shares of Bata India Ltd witnessed significant momentum amidst an otherwise subdued market, soaring to reach an intraday high of Rs 1,442 on the BSE. The company primarily operates in the manufacturing and trading of footwear and accessories, utilizing both its extensive retail and wholesale network.

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.