In the first 30 minutes of market trading on October 7, several large-cap stocks saw significant trading volumes, indicating heightened investor activity. Here’s a breakdown of the stocks that led the market in terms of volume:
Zomato
- Price: ₹270.00
- Change: Down by ₹5.30 (-1.92%)
- Volume: 10.04 million shares Zomato witnessed the highest trading volume in the early session. However, the stock experienced a decline of nearly 2%, reflecting possible profit booking or market reaction to recent news.
Jio Financial
- Price: ₹343.50
- Change: Up by ₹4.70 (+1.38%)
- Volume: 9.15 million shares Jio Financial Services saw an uptick in its share price, rising over 1%, and recorded high trading volumes. The positive movement indicates investor confidence in the financial arm of Reliance Industries.
Bajaj Housing Finance
- Price: ₹144.20
- Change: Down by ₹6.40 (-4.24%)
- Volume: 8.82 million shares The shares of Bajaj Housing Finance faced a sharp dip of over 4% in the morning trade, accompanied by high trading volumes. Such a decline may be attributed to market sentiment or recent announcements affecting the sector.
Punjab National Bank (PNB)
- Price: ₹105.57
- Change: Down by ₹0.28 (-0.26%)
- Volume: 7.94 million shares PNB saw a slight dip in its share price but continued to witness active trading. The movement in PNB’s stock could be driven by developments in the banking sector or macroeconomic factors influencing investor behavior.
HDFC Bank
- Price: ₹1,645.75
- Change: Down by ₹11.90 (-0.71%)
- Volume: 6.32 million shares Despite being one of the largest private banks in India, HDFC Bank’s shares experienced a minor drop in the opening hours. The stock remained actively traded, reflecting its prominence among investors.
Tata Steel
- Price: ₹167.14
- Change: Up by ₹0.39 (+0.23%)
- Volume: 5.89 million shares Tata Steel showed slight positive momentum, rising by 0.23% in early trade. The stock saw active buying interest, which could be tied to the company’s recent business performance or sectoral developments.
Indian Railway Finance Corporation (IRFC)
- Price: ₹149.15
- Change: Down by ₹2.92 (-1.92%)
- Volume: 4.90 million shares IRFC shares were among the top volume movers, with the stock falling by nearly 2% in early trade. The movement may be associated with investor sentiment around the stock or sectoral dynamics.
These volume-heavy stocks are closely watched by investors and traders alike, as their movements can set the tone for market trends throughout the day. Whether due to market news, economic factors, or corporate updates, these stocks are likely to remain in focus for the rest of the trading session.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
