Nuvoco Vistas, Country Condo's, Jupiter Wagons, Manappuram Fin: Stocks that are witnessing high volumes today

Despite opening flat, the equity benchmark indices on Friday, March 21, recovered from their day’s low on the back of gains in the broader market and foreign investors taking a buyer’s position after months.

At 12:38 PM, the S&P BSE SENSEX was up 570.46 points, or 0.75%, at the 76,918.52 level, while NSE’s NIFTY50 was at the 23,363.45 level, rising 172.80 points, or 0.75%.

Bajaj Finance, NTPC, SBI Life Insurance, Coal India and Kotak Mahindra Bank were the biggest gainers, rising as much as 2.62% on the NIFTY50 index.

Infosys, IndusInd Bank, Bajaj Finserv, Trent and Titan were the biggest losing scrips, falling as much as 1.55% on the broader index.

Some shares which noticed high volume trading on Friday were DSP Mutual Fund – DSP Silver ETF, Nuvoco Vistas Corporation Limited, Country Condo's Limited and Jupiter Waggons Limited, while the counters of Manappuram Finance and The New India Assurance Company also witnessed high volume activity.

According to the National Stock Exchange data, the number of DSP Mutual Fund – DSP Silver ETF shares that changed hands on Friday was already over 16.18 times higher than the daily average on the stock counter.

While counters of Nuvoco Vistas Corporation Limited, Country Condo's Limited and Jupiter Wagons Limited were higher by 12.83, 12.15 and 9.36 times than the daily average.

Volumes at the Incredible Industries Limited counter were 8.93 times higher than the daily average; however, the TBO Tek Limited counter witnessed 7.82 times higher volume than the daily average.

Further, counters of Sanginita Chemicals Limited and Manugraph India Limited saw 7.14- and 6.83-times higher volume than the daily average, respectively. While volumes at Tejas Networks counter were 6.05 times higher than the daily average.

A volume in the stock volume is the number of shares traded in a specific period. A spurt in volume means the stock is witnessing a lot of interest or activity happening around the equity market.

Among others, Sundaram Finance Holdings Limited and Manappuram Finance Limited shares also noticed a spurt in their volumes. Both the counters witnessed volume trading of over 4.62 times and 4.39, respectively.

Shares of Manappuram Finance jumped over 7.5% during intraday trade on Friday as Bain Capital will acquire an 18% stake in the gold loan financier for ₹4,385 crore.