Vodafone Idea, Ola Electric, YES Bank, and Eternal Among the Most Traded Stocks on NSE Today

Market Crash: Sensex and Nifty 50 Plummet Over 2% on Weak Global Cues

The Indian stock market witnessed a sharp decline on Thursday, April 2, with the frontline indices, Sensex and Nifty 50, crashing more than 2% in intraday trade. This downturn was largely in line with weak global cues, which failed to provide clarity on the reopening of the Strait of Hormuz following US President Donald Trump's comments on the Iran war.

The Nifty 50 breached below the crucial 22,200, bringing it closer to its 52-week low of 21,743.65. This decline in the Nifty 50 has significant implications for the overall market, as it reflects the growing concerns among investors.

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Some of the most traded stocks on the NSE on Thursday, April 2, include Vodafone Idea, Ola Electric Mobility, Tata Silver Exchange Traded Fund, Tata Gold Exchange Traded Fund, YES Bank, Nippon India ETF Gold Bees, Eternal, Nippon India Silver ETF, Wonder Electricals, Latent View Analytics, Reliance Power, Suzlon Energy, Jaiprakash Power Ventures, GTL Infrastructure, SEPC, Unitech, Confidence Petroleum India, Ashok Leyland, Amir Chand Jagdish Kumar (Exports), and HDFC Bank.

Vodafone Idea was among the most active stocks, with over 37 crore shares changing hands as the stock fell 6% during the session. The company, along with Bharat Sanchar Nigam Ltd (BSNL), has started talks on sharing towers, fibre, and spectrum to cut costs, improve network reach for both operators, and potentially accelerate 5G rollout.

Ola Electric Mobility was another stock that witnessed significant trading activity, with over 29 crore shares changing hands as the stock surged over 10% during the session. The company's shares had surged 13.55% in the previous session after it announced a strong comeback in business performance, with registrations surging 150% year-on-year to 10,117 units during the month.

YES Bank also witnessed trading activity, with more than 4 crore shares changing hands as the stock declined more than 3% during the session. The company has appointed S. Anantharaman as Chief Risk Officer (CRO) of the bank, effective April 1.

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Eternal was among the other stocks that witnessed significant trading activity, with over 3 crore shares changing hands as the stock declined more than 5%. On April 1, the company informed that its nomination and remuneration committee had approved a grant of 7,418,741 stock options under the Foodie Bay employee stock option plan 2014 (ESOP 2014), the Zomato employee stock option plan 2021 (ESOP 2021), and the Zomato employee stock option plan 2024 (ESOP 2024) to the eligible employees.