Vodafone Idea, Jindal Power, Suzlon, and Reliance Power Among Stocks with Significant Trading Activity on April 23, 2026
Indian Stock Market Remains Fragile Amid Global Uncertainties
The Indian stock market continued its downward trend on Thursday, 23 April, as the headline indices, the Sensex and the Nifty 50, declined by 1% each for the second consecutive session. The decline in stock prices was attributed to a spike in crude oil prices amid persisting uncertainties surrounding a potential permanent truce between the US and Iran.
The impact of this uncertainty was evident in the performance of the Sensex, which has crashed by almost 1,600 points, or 2%, over just two sessions. The Nifty 50 has also lost nearly 2% during the same period. The decline in stock prices has kept sentiment fragile, indicating a need for caution among investors.
Most Traded Stocks on the NSE
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Several stocks were among the most traded on the National Stock Exchange (NSE) on Thursday, amidst the market volatility. These included Vodafone Idea, Jaiprakash Power Ventures, Reliance Power, Suzlon Energy, Ola Electric Mobility, Billionbrains Garage Ventures (Groww), YES Bank, and Tata Silver Exchange Traded Fund.
| Stock | Change in Volume | Change in Price |
|---|---|---|
| Vodafone Idea | 21 crore shares | -0.5% |
| Jaiprakash Power Ventures | 10 crore shares | -1.1% |
| Suzlon Energy | 8 crore shares | -1.1% |
| Reliance Power | 8 crore shares | 1.9% |
The performance of these stocks was as follows:
- Vodafone Idea: Over 21 crore shares changed hands as the stock declined by half a per cent, looking set to extend losses for the second consecutive session. However, on a monthly scale, the stock has gained 12% so far in April after falling for the last two months.
- Jaiprakash Power Ventures: More than 10 crore shares changed hands, while the stock declined more than 1% during the session. In an exchange filing on 22 April, Jaiprakash Associates, the promoters of Jaiprakash Power Ventures, declared that it had not made any encumbrance over shareholding during the financial year 2026 other than those already declared.
- Suzlon Energy: Over 8 crore shares changed hands, while the stock declined more than 1% during the session amid reports that the company looks to resume selling wind turbines in Europe.
- Reliance Power: More than 8 crore shares changed hands as the stock climbed nearly 2% during the session, looking set to extend gains for the third consecutive session. So far in April, the stock has surged 49% after suffering losses for the last five consecutive months.
Investor Takeaway
Investors should be cautious and monitor the market closely due to the fragile sentiment and potential impact of crude oil prices.
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