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

The Indian benchmark indices sustained their downward trend, opening notably lower in today’s trading session amidst escalating tensions in the Middle East, particularly the ongoing disputes between Israel and Iran. Today, broader indices, which had demonstrated resilience in previous trading sessions despite overall market weakness, experienced a notable downturn.

At 10:15 am, the BSE Sensex declined 0.48% reaching a level of 72,149. The Nifty 50 index fell 0.50% to the 21,886 level. On the Sensex, ITC Ltd, Hindustan Unilever and HDFC Bank were among the top gainers, whereas Axis Bank, Tata Motors and Infosys were among the market draggers.

Some of the noteworthy volume movers are as follows:

1. Fortis Malar Hospitals Ltd
   

   Fortis Malar Hospitals Ltd saw a remarkable surge in trading volume, surpassing eleven times its usual activity. As a result, its shares soared and were locked at the 10% upper circuit, reaching a new 52-week high of Rs 98.13 per share on the BSE. Fortis Malar Hospitals Ltd is affiliated with the Fortis Group and serves as an intermediate holding company of Fortis Healthcare Ltd. The company specializes in delivering healthcare and medical services.

2. Birlasoft Ltd
   

   Birlasoft Ltd experienced a significant five-fold increase in trading volume, yet its shares declined by over 2%, touching an intraday low of Rs 676.10 per share on the BSE. The company specializes in offering software development and IT consulting services, primarily catering to clients in sectors such as banking, financial services, insurance, life sciences, energy resources, utilities, and manufacturing.

3. Trent Ltd
   

   Trent Ltd observed a significant increase in trading volume, but its shares declined by over 3% today, reaching an intraday low of Rs 3,963.55 per share on the BSE. The company is involved in the retailing of a wide range of products including apparels, footwear, accessories, toys, games, food, grocery, and non-food items through its diverse retail formats and concepts.

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.