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

30 April 20243 mins read by Angel One
A price surge backed by robust volumes is a great combination to pick up stocks. Investors should keep these stocks on their radar for potential benefits in the future.
Market Movers: Here are today’s high-volume buzzers!
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The domestic indices started the trading session with an uptick, primarily driven by the strength in the Auto sector. From the resistance point, the Nifty 50 index dipped but eventually regained all its losses and is currently trading around its previous peak or resistance area.

Currently, the Nifty50 is trading at around 22,730 levels, representing an around 88-point gain or a 0.39% increase compared to the previous day’s closing levels. Meanwhile, the S&P BSE is trading at around 74,950 levels, which is around 280 points higher or a 0.39% increase from Monday’s closing levels.

Some of the noteworthy volume movers are as follows: 

Nirlon Limited

Nirlon Limited witnessed a significant 142-fold surge in trading volume today, resulting in a 2.36% rise in its share price, currently trading at around Rs 442.60 per share on the BSE. Nirlon is engaged in the business of developing and managing industrial parks and information technology (IT) parks, notably the Nirlon Knowledge Park (NKP) located in Goregaon (East), Mumbai.

MIRC ElectronicsLimited

MIRC Electronics experienced a remarkable 25-fold increase in trading volume, showing a significant uptick as it reached an intraday high of Rs 26.71 per share on the BSE and touched an upper circuit price limit of 5% today. MIRC Electronics manufactures and trades consumer electronic products. The company is engaged in manufacturing, assembling, and marketing consumer durables in both the brown goods segment and the white goods segment.

Vikram Thermo Limtied

Vikram Thermo witnessed a 9-times rise in trading volume, resulting in a notable 19.99% uptick to reach an intraday high of Rs 195.95 per share on the BSE. Incorporated in 1985, Vikram Thermo manufactures and sells basic pharmaceutical copolymers.

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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