Top Stocks on NSE: Vodafone Idea, Jindal Saw, and YES Bank Lead Trading Activity

Indian Stock Market Update, March 12

Market Performance

The Indian stock market continued to witness intense selling for the second consecutive session on Thursday, March 12, amid the raging war in the Middle East, rising crude oil prices, and the rupee's fall to record lows. The Nifty 50 dropped 1.3% to the day's low of 23,556, while the Sensex fell about 1,000 points, or 1.3%, to an intraday low of 75,871.

Most Traded Stocks

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The following stocks were among the most traded on the NSE on Thursday:

• Vodafone Idea: Over 25 crore shares changed hands, with the stock declining 4% following plans to meet institutional investors next week.
• Jindal Saw: Over 6 crore shares changed hands, as the stock crashed more than 3.5% on profit booking after a stellar 19% gain in the previous session.
• Filatex Fashions: Over 5 crore shares changed hands as the stock crashed over 5% to a 52-week low of ₹0.18.
• YES Bank: Over 5 crore shares changed hands, as the banking stock declined almost 3% during the session, down for the second consecutive session.
• Tata Silver Exchange Traded Fund: Among other top most traded stocks, the fund saw significant trading activity.
• Reliance Power: The stock was also among the most traded on the NSE.
• Adani Power: Another top traded stock on the NSE on Thursday.
• HDFC Bank: The banking major saw significant trading activity.

Company Updates

• Vodafone Idea will meet institutional investors in Singapore on 16 March and in Hong Kong on 17 March.
• Jindal Saw has seen a monthly gain of over 5% so far this month, looking set to extend its fourth consecutive session of gains.

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