Both the Sensex and Nifty are currently witnessing notable downturns, registering declines of 0.84% and 0.88%, respectively. Furthermore, the Nifty Midcap index has experienced a more significant decline of 0.99%, while the Nifty Smallcap index has recorded a relatively smaller decline of 0.27%.
Among the constituents of the Nifty 50, noteworthy gainers include L&T, Axis Bank, and ONGC, while the top decliners consist of Tech Mahindra, Asian Paints, and LTI Mindtree.
Some of the noteworthy volume movers are as follows:
Tata Consultancy Services
Tata Consultancy Services is the flagship company and a part of the Tata Group. It is an IT services, consulting, and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. The stock has witnessed a substantial surge in trading volume, increasing by more than 5.9 times, and is currently trading at Rs 3546 per share on the BSE, down by 1.16%.
Hindustan Oil Exploration
Hindustan Oil Exploration Company Limited was incorporated in 1983 and is engaged in the exploration, development, and production of crude oil and natural gas in India, both onshore and offshore. The stock has experienced a significant spike in trading volume, surging by more than 34 times, and has hit the 10% upper circuit, trading at Rs 170.75 per share on the BSE.
Indian Overseas Bank
Indian Overseas Bank was founded in 1937 by Chidambaram Chettyar. It was one of the 14 major banks that were nationalized in 1969. The stock has seen a substantial increase in trading volume, rising by more than 1.03 times and trading 5% higher at Rs 47.23 per share on the BSE.
EKI Energy Services
EKI Energy Ltd provides carbon credit trading, carbon advisory services, climate change, and sustainability solutions. The stock has witnessed a significant surge in trading volume, increasing by more than 1.82 times. However, the stock traded and got locked at a 5% lower circuit at Rs 455.05 per share on the BSE.
Happiest Mind Technologies
Happiest Minds Technologies Ltd is a next-generation IT solutions & services company. The stock has experienced a substantial increase in trading volume, rising by more than 18 times, and is currently trading 3.54% lower at Rs 878.40 per share on the BSE.
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.