Vodafone Idea and YES Bank Among Top Traded Stocks on the National Stock Exchange Today

Indian Stock Market Selloff

The Indian stock market experienced a sharp decline in intraday trade on Monday, March 2, due to escalating geopolitical tensions, a surge in crude oil prices, and the rupee's depreciation beyond ₹91 per dollar. The Sensex plummeted by approximately 1,500 points by 12:45 pm, while the Nifty was trading near 24,700 at the same time.

Most Traded Stocks

The following stocks were among the most active in terms of volume on the NSE:

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• Vodafone Idea: Over 28 crore shares changed hands, with the stock declining by nearly 4% in intraday trade.
• Tata Silver Exchange Traded Fund: Approximately 31 crore shares traded, with the ETF surging by nearly 13% in intraday trade.
• YES Bank: Over 9 crore shares traded, with the banking stock falling by about 4% in intraday trade.
• Tejas Networks: Over 9 crore shares traded, with the stock soaring by over 15% despite the market crash.
• Tata Gold Exchange Traded Fund: The ETF witnessed increased buying interest amid heightened geopolitical risks and a stock market crash.
• Nippon India ETF Gold Bees: The gold ETF is experiencing increased buying interest due to market volatility.
• Nippon India Silver ETF: The silver ETF is also witnessing increased buying interest amidst market uncertainty.

Other Notable Stocks

• Tejas Networks signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios on February 26.
• Vodafone Idea received an order from the Telecom Regulatory Authority of India on February 27, levying a financial disincentive of ₹6,03,000.
• YES Bank declined by over 3% in February, extending losses for the third consecutive month.