The Indian equity benchmarks extended gains in noon deals on Friday, July 3, as market sentiment remained positive tracking lower crude oil prices and a surge in other Asian markets.
The SENSEX rose as much as 655 points and NIFTY50 index touched an intraday high of 24,378 powered by gains in index heavyweights like ICICI Bank, HDFC Bank, Bharti airtel, HCL Technologies, Bajaj Finance and Eternal.
As of 12:10 pm, the SENSEX was up 579 points at 78,080 and NIFTY50 index advanced 190 points to 24,365.
Here are stocks witnessing heavier than usual trading volumes:
Sumitomo Chemical: Shares of the country’s leading chemical maker rose as much as 11% to hit an intraday high of ₹488.50 after the company in its annual report said that Sumitomo Chemical India delivered stable performance despite a year marked by climatic challenges, including prolonged and excess rainfall across several regions, which impacted crop productivity and agrochemical consumption during critical application periods.
The stock was witnessing very high trading activity as volume in the stock jumped by 20 times to 1.08 crore shares compared with an average volume of 5.29 lakh shares on the National Stock Exchange (NSE).
On the BSE, 4.75 lakh shares changed hands compared with an average of 18,000 shares traded daily in the past two weeks.
Aegis Vopak Terminals: Shares of the country’s leading storage solutions provider advanced as much as 10% to hit an intraday high of ₹258.75 amid spike in trading activity.
Trading volume on the NSE jumped by 10 times to 54 lakh shares compared with an average trading volume of 5.48 lakh shares.
On the BSE, 3.77 lakh shares changed hands compared with an average of 49,000 shares traded daily in the past two weeks.
Bajaj Housing Finance: Shares of the mortgage lender advanced as much as 6% to hit an intraday high of ₹94 amid spike in volumes.
Trading volume on the NSE jumped 9.6 times to 3.01 crore shares compared with an average volume of 31.61 lakh shares.
On the BSE, 19.11 lakh shares changed hands compared with an average of 7 lakh shares traded daily in the past two weeks.
Zensar Technologies: Shares of the country’s leading information technology company advanced for a second straight session and rose as much as 11.85% in intraday deals to hit high of ₹522 amid spike in trading activity.
Volumes on NSE jumped by 5 times to 3.85 crore shares compared with an average volume of 82.4 lakh shares.
On the BSE, as many as 30.81 lakh shares changed hands compared with an average of 2.87 lakh shares traded daily in the past two weeks.
Piramal Pharma: Shares of the country’s leading drug maker advanced as much as 6.15% to hit an intraday high of ₹178 amid high trading activity.
Trading volume jumped by 3.4 times to 1.48 crore shares compared with an average volume of 44 lakh shares.
On the BSE, as many as 18 lakh shares changed hands compared with an average of 12 lakh shares traded daily in the past two weeks.