Market Now: PNB, SBI most active stocks in terms of volume

NEW DELHI: Shares of Punjab National Bank (number of shares traded: 0.96 crore) emerged as the most active stocks in terms of volume on NSE after Japanese brokerage firm Nomura upgraded its rating from ‘Neutral’ to ‘Buy’ on account of stock price correction in recent times.

Other most traded stocks on NSE were SBI (0.94 crore), ITC (0.71 crore), Ashok Leyland (0.63 crore), DLF (0.62 crore), Bank of Baroda (0.58 crore), Vedanta Ltd (0.52 crore) and ICICI Bank (0.46 crore).

On NSE, Bank of Baroda (up 2.74 per cent), State Bank of India (up 2.71 per cent), Indiabulls Housing Finance (up 2.13 per cent), Coal India (up 1.64 per cent), ACC (up 1.46 per cent) and ITC (up 1.45 per cent) were among top gainers amid a firm market.

On the contrary, Bajaj Auto (down 1.49 per cent), Oil And Natural Gas Corporation (down 1.07 per cent), GAIL (India) (down 1.03 per cent) and Indian Oil Corporation (down 0.79 per cent) emerged as top losers.

Markets adopted positive stance on Thursday as the US Fed minutes did not show unanimity among policymakers over inflation outlook and the pace of interest rate increase. This is deciphered as markets would not see investors pulling out foreign capital anytime soon.

Benchmark Nifty50 index was 0.48 per cent up at 9,683.65, while the 30-share Sensex was 0.53 per cent up at 31,412.05 around 12.35 pm (IST).

In the Nifty50 pack, 36 stocks were trading in green, while 15 stocks were in red.

On BSE, 688 stocks were declining whereas 1,523 stocks were trading in green.

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