
Most traded stocks today: After witnessing an intense selloff for the last three consecutive sessions, the Nifty 50 saw a strong rebound on Thursday, as the index jumped nearly 200 points, or 0.80%, to hit an intraday high of 24,673 by 11:30 am. The healthy rebound can be attributed to short covering after the market slipped into the oversold zone. Over the last three sessions, the Nifty had crashed 4%.
The main drivers of the selloff are the ongoing US-Iran war, spike in crude oil prices, rupee's weakness against the dollar, and foreign capital outflow.
Meanwhile, Vodafone Idea, Tata Silver Exchange Traded Fund, Tata Gold Exchange Traded Fund, Dharan Infra-EPC, Filatex Fashions, and Suzlon Energy were among the most traded stocks, or most active stocks in terms of volume, on the NSE on Thursday morning.
Sagility, Tejas Networks, Nippon India Silver ETF, National Aluminium Company, Nippon India ETF Gold Bees, Ola Electric Mobility, YES Bank, Reliance Power, ONGC, Tata Steel, and Eternal were also among the most traded stocks on the NSE.
Vodafone Idea: Over 16 crore shares had changed hands by 11:30 am on Thursday as the stock declined by about half a per cent during the morning trade despite positive market sentiment. On a weekly scale, the stock has declined 6%, looking set to extend losses for the third consecutive week.
Tata Silver Exchange Traded Fund: More than 6 crore shares had changed hands, as the ETF declined by over 1% on the NSE on Thursday morning, looking set to exchange losses for the second consecutive session. In the previous session, the ETF suffered a loss of 7.5%.
Filatex Fashions: Nearly 6 crore shares of the company had changed hands by 11:30 am on Thursday as the stock crashed nearly 5% during the session.
Tata Gold Exchange Traded Fund: Nearly 5 crore shares had changed hands as the ETF dropped more than 1% during the session, looking set to extend losses for the second consecutive session.
Suzlon Energy: Nearly 4 crore shares of the company had changed hands as the power stock declined more than 1% during the session, looking set to extend losses for the fourth consecutive session. In these four sessions, the stock has crashed 9%.
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Nishant is a market reporter at Mint, where he holds the official designation of Principal Correspondent – Markets. He has been closely tracking the Indian stock market as well as major global stock markets along with the broader macroeconomic trends for a decade. <br><br> He is obsessed with breaking down complex financial and economic concepts into clear and engaging stories. He focuses not only on what is happening in the markets, but also why it matters. <br><br> His coverage includes stock market trends, sector rotations, monetary and fiscal policy developments, inflation, growth data, and personal finance strategies. <br><br> With nearly 10 years of experience in covering financial markets, Nishant has covered bull markets, corrections, policy transitions, and macro developments that has equipped him with a deep understanding of how domestic and global forces shape markets and affect investments. <br><br> He regularly interviews market veterans, fund managers, economists, policymakers, and corporate leaders to provide readers with a 360-degree view of market dynamics and the broader economic landscape. <br><br> Before joining Mint, Nishant worked with some of India’s most respected business newsrooms, including The Economic Times and Moneycontrol, where he reported extensively on the stock market, corporate earnings, macroeconomic trends, GDP, inflation, monetary policies of the RBI and the US Federal Reserve, bonds, and currencies. <br><br> Apart from economics and investing, he has interests in geopolitics and emerging technologies, such as AI.
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