
Vodafone Idea, MRPL, YES Bank, Eternal Among Most Traded Stocks on NSE Today
Indian Stock Market Update - March 17
Market Performance The Indian stock market experienced high volatility during the intraday session on Tuesday, driven by concerns over rising crude oil prices, the rupee's weakness, and massive foreign capital outflow. The Nifty 50 opened at 23,493.20, touching an intraday high of 23,577.55 and a low of 23,346.60 by 12 pm.
Most Traded Stocks The following stocks were among the most traded on the NSE:
- Vodafone Idea: 17 crore shares traded, with the stock declining over 1% in intraday trade. The stock has crashed by over 12% in March and is down 20% year-to-date.
- Mangalore Refinery and Petrochemicals (MRPL): 6 crore shares traded, with the stock crashing 7% in intraday trade. MRPL stock is up 2% for March and has surged over 30% year-to-date.
- YES Bank: 4 crore shares traded, with the stock experiencing volatility. YES Bank shares are down nearly 14% year-to-date.
- Eternal: 4 crore shares traded, with the stock jumping nearly 5% despite market volatility. Eternal stock is down 6% in March and appears to be on course to extend losses for the sixth consecutive session.
- ITI: 3 crore shares traded, with the stock jumping over 7%. The exchange sought clarification from ITI regarding recent media reports.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Key Statistics
- Nifty 50: Opened at 23,493.20, touched a high of 23,577.55, and a low of 23,346.60 by 12 pm.
- Vodafone Idea: 17 crore shares traded.
- MRPL: 6 crore shares traded.
- YES Bank: 4 crore shares traded.
- Eternal: 4 crore shares traded.
- ITI: 3 crore shares traded.
Investor Takeaway
Monitor the Indian stock market for potential volatility due to rising crude oil prices and foreign capital outflow.
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