
Top Traded Stocks on NSE: Vodafone Idea, Happiest Minds, and Jindal Saw Lead the Way
Market Update: March 11, 2024
Market Benchmarks Suffer Losses
The Sensex and Nifty 50 experienced significant losses in intraday trade on Wednesday, March 11, due to profit booking amid persisting geopolitical risks, the rupee's weakness, and massive foreign capital outflow. The Sensex crashed over 1,000 points, while the Nifty 50 breached below the psychologically important 24,000 level during the session.
Most Traded Stocks
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
The following stocks were among the most traded on the NSE:
- Vodafone Idea: Nearly 24 crore shares changed hands, with the stock declining over 1% in intraday trade. The telecom stock has lost over 6% in March so far after a 5% decline in February.
- Tata Silver Exchange Traded Fund: Some 10 crore shares had changed hands by 2 pm on Wednesday, as the stock fell by 2.5% during the session. On a monthly scale, the stock is flat after a 16% crash in February.
- Jindal Saw: Over 6 crore shares of the company had changed hands by 2 pm as the stock surged almost 16% in intraday trade on the NSE, defying weak market sentiment. On the monthly scale, the stock has been in the green since last December.
- Happiest Minds: Over 5 crore shares had changed hands, as the stock surged more than 13% in intraday trade on Wednesday. In an exchange filing on March 10, the company announced a revision of its FY27 growth expectation to 12.5%, up from the earlier 10%.
- Filatex Fashions: Nearly 5 crore shares had changed hands as the stock hit its 5% upper circuit during the session.
Other Notable Stocks
- Tata Gold Exchange Traded Fund
- YES Bank
- Reliance Power
- Nippon India Silver ETF
- Dharan Infra-EPC
- SEPC
- Ola Electric Mobility
- AWL Agri Business
- PC Jeweller
- Tata Steel
- HDFC Bank
- HFCL
- Eternal
Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Investor Takeaway
Investors should be cautious of market volatility due to geopolitical risks and profit booking.
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