On Friday, November 8, 2024, the Nifty Index experienced notable volatility, with a daily range of 210 points. Opening at 24,207, it briefly touched a high of 24,276 before dipping to a low of 24,066. The index closed at 24,148, reflecting a loss of 51 points from the previous close. This fluctuation indicates market uncertainty and rapid price swings, showcasing investor sentiment shifts amid economic or geopolitical developments that impacted the index’s performance during the day. However, even amid this volatility, certain stocks hit the upper circuit.
1. VCU Data Management Limited
Day Change: VCU Data Management Limited saw a substantial price movement on Friday, November 8, 2024, with a 20% increase in stock price. The stock opened at ₹7.30, reaching a high of ₹8.76, reflecting a gain of ₹1.46 from the previous close. The stock closed at ₹8.76. The trading volume was exceptionally high, with 1,110,541 shares changing hands, signaling strong investor interest and high liquidity for the day.
2. BFL Asset Finvest Limited
Day Change: BFL Asset Finvest Limited also experienced a 20% surge in price today. The stock closed at ₹24.90, up ₹4.15 from its previous close. This marked a strong upward movement, with the stock reaching a high of ₹24.90. The day’s trading volume was 828,108 shares, indicating significant investor activity and positive market sentiment around the stock.
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3. Cargotrans Maritime Limited
Day Change: Cargotrans Maritime Limited saw a 20% increase in stock price, closing at ₹81.60, up ₹13.60 from the previous day’s close. The stock’s high for the day was ₹81.60, indicating strong upward momentum. The volume of shares traded was 45,000, showing that although the stock saw impressive gains.
4. Hercules Hoists Limited
Day Change: Hercules Hoists Limited experienced a 20% jump, closing at ₹287.53, up ₹47.92 from its previous close. The stock reached a high of ₹287.53, and its volume was exceptionally high, with 3,693,201 shares traded. This strong movement and high volume reflect heightened investor interest.
5. Vimta Labs Limited
Day Change: Vimta Labs Limited showed a solid 19.99% gain today, with the stock closing at ₹694.05, marking an increase of ₹115.65 from the previous close. The stock’s price reached a high of ₹694.05, and the trading volume was 1,022,118 shares. This indicates significant market movement and strong investor interest, with substantial activity on the stock.
Each of these companies has experienced impressive gains and high volumes today, reflecting strong market interest and positive sentiment.
Written By: Dipangshu Kundu
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