Market Movers: Here Are Today’s High-Volume Buzzers!

Today, Indian benchmark indices reflected weak investor sentiment, marked by notable selling pressures in the capital goods, metals, and energy sectors. However, the BSE Auto Index stood out, reporting gains amidst the broader market downturn.

At 10:50 am, the BSE Sensex plunged 0.70% reaching a level of 72,950. The Nifty 50 index tumbled 0.73% to the 22,138 level. On the Sensex, Mahindra & Mahindra, Tata Motors and HCL Technologies were among the top gainers, whereas Larsen & Toubro, Tech Mahindra and JSW Steel were among the market draggers.

Some of the noteworthy volume movers are as follows:

• ICICI Lombard General Insurance Company Ltd

The trading volume of ICICI Lombard General Insurance Company Ltd experienced a surge hundreds of times higher than usual today, while its shares were trading more than 1% lower, hitting an intraday low of Rs 1,698.55 per share on the BSE. ICICI Lombard is a leading and well-established private sector general insurance company in India, offering a diverse array of products and risk management solutions through various distribution channels.

• SKF India Ltd

Today, shares of SKF India Ltd experienced a remarkable 16-fold surge in trading volume, soaring more than 10% to reach an intraday high of Rs 5,073.85 per share on the BSE. The company specializes in providing solutions to customers in the automotive and industrial sectors through its five technology-centric platforms including bearings and units, seals, mechatronics, lubrication solutions, and services.

• TVS Motor Company Ltd

Shares of TVS Motor Company Ltd witnessed a four-fold rise in trading volume, propelling them more than 5% higher to reach an intraday peak of Rs 2,121 per share on the BSE. TVS Motor Company is a prominent player in the two-wheeler industry, with a presence across all three categories encompassing motorcycles, scooters, and mopeds. It serves both domestic and international markets.

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.