Top Traded by Value Today 16-Apr-2026: NSE Stocks

Introduction

Nifty 50 closed at 24,231.30 (+1.63%) on 16 Apr 2026, even as trading remained choppy with a sharp fade from early gains during the session. Market breadth (latest available snapshot) showed 2,283 shares advancing versus 1,595 declining, indicating broader participation despite intraday profit-booking. Metals and select defensives like IT held up better, while banking and financials stayed under pressure, which also shaped the day’s biggest value turnover names. (FII and DII net activity figures were not provided in the supplied data.)

Large Cap Top Traded by Value

HDFC Bank Ltd (-1.75%) The stock slipped despite heavy turnover as investors continued to de-risk large private banks after March’s steep selloff and ahead of key earnings commentary. Recent disclosures showed mutual funds bought about Rs 17,250 crore worth of HDFC Bank during the March decline, but the day’s trade reflected short-term supply and derivative hedging rather than incremental accumulation. With 6.83 crore shares traded, HDFC Bank remained the highest value counter among large caps.

Reliance Industries Ltd (-0.06%) Reliance traded flat-to-negative in high value volumes as the market tracked oil-related uncertainty with Brent near $15 a barrel and continued news flow around Middle East tensions. In the broader tape, the Oil and Gas pocket was cited among laggards during the session, keeping large energy names range-bound. The stock’s near-unchanged close alongside 3.41 crore shares traded highlighted churn rather than conviction.

ICICI Bank Ltd (-0.17%) ICICI Bank eased after an analyst preview flagged that Q4 profit may remain flat with net interest margins under pressure, tempering near-term earnings expectations. The setup of steady loan growth but potential margin compression typically leads to a more cautious pre-results positioning in bank heavyweights. The stock still saw strong value activity with 2.79 crore shares traded.

Bharti Airtel Ltd (-0.82%) Bharti Airtel was among the key large-cap drags mentioned in the day’s market action, reflecting sector rotation away from select defensives into metals and other cyclicals. With no stock-specific trigger provided in the supplied news, the decline is best explained by profit-taking in a high-liquidity name that also featured among the day’s top value counters. Volumes stayed elevated at 1.71 crore shares, indicating active repositioning.

Infosys Ltd (+1.05%) Infosys gained as IT held up relatively better versus rate-sensitive sectors, matching the session narrative that defensives offered limited support while banks and realty stayed weak. With no company-specific news in the supplied feed, the move appears driven by sectoral rotation and short-covering after prior volatility in IT. The stock also featured among the top value names with 2.03 crore shares traded.

Mid Cap Top Traded by Value

NLC India Ltd (+8.47%) NLC India jumped in heavy volumes as power-linked names stayed in focus and the stock pushed close to its 52-week high zone (52-week high: Rs 307.35). With no company-specific news provided, the move is best explained by a momentum trade, with investors chasing a near-breakout in a liquid mid-cap PSU. The counter saw 4.28 crore shares traded, indicating broad participation.

Dixon Technologies (India) Ltd (+2.01%) Dixon rose as India manufacturing and electronics outsourcing themes remained in play, supporting value-heavy trades in select EMS leaders. In the absence of a specific announcement in the supplied news, the gain appears driven by sector positioning and technical bounce after earlier drawdowns from the 52-week high (Rs 18,471.50). Volumes were 11.30 lakh shares.

Multi Commodity Exchange of India Ltd (+0.33%) MCX edged up as commodity-linked activity stayed active with copper futures rising on higher spot demand, supporting the broader trading ecosystem narrative. Even a modest price move can translate into high traded value in exchange operators due to active institutional participation. Volume stood at 36.12 lakh shares.

PB Fintech Ltd (+4.97%) PB Fintech rallied in a high-value session, indicating investors rotated into select financial platforms even as frontline banks faced earnings-related caution. With no stock-specific headline provided, the move is best read as a risk-on trade in high-beta financial services names, amplified by strong liquidity. The stock traded 65.28 lakh shares.

Bharat Heavy Electricals Ltd (+5.68%) BHEL climbed as capital goods and infrastructure-linked plays were cited among stronger pockets, and the stock moved toward its 52-week high (Rs 312.35). In the absence of a fresh company update in the supplied feed, the rise looks driven by momentum and sectoral allocation to domestically oriented cyclicals. Volume was robust at 2.95 crore shares.

Small Cap Top Traded by Value

Gallantt Ispat Ltd. (+18.48%) Gallantt Ispat extended its sharp run-up as iron and steel names stayed bid and the stock traded near its 52-week high band (52-week high: Rs 946.70). With no verified database headline provided, the move is best explained by a momentum breakout combined with aggressive trading participation. Volumes were exceptionally high at 5.67 crore shares.

Gujarat Mineral Development Corporation Ltd (+20.00%) GMDC hit its 52-week high of Rs 747.00 with a 20% move, pointing to a circuit-like momentum chase in the minerals theme amid strong smallcap participation. The company had earlier issued a clarification to the exchange stating recent volume rise was market-driven with no undisclosed price-sensitive event, but that did not curb speculative and thematic buying. Turnover was heavy with 5.54 crore shares traded.

Firstsource Solutions Ltd (+10.80%) Firstsource surged in high volumes as IT and services pockets provided relative support during the session, drawing flows into liquid smallcap tech-enabled services names. With no stock-specific news in the supplied feed, the rally appears driven by technical momentum and catch-up buying. The stock saw 7.21 crore shares traded.

Shipping Corporation of India Ltd (+14.20%) SCI rallied toward its 52-week high (Rs 293.90) as traders positioned in shipping counters amid continuing Middle East-related uncertainty that has kept attention on logistics and freight plays. No company-specific announcement was provided in the supplied data, so the move is best characterised as a momentum trade backed by strong participation. Volume was 4.34 crore shares.

Netweb Technologies India Ltd (+3.96%) Netweb gained in a high-value session, consistent with continued interest in niche tech hardware and computing themes even as the broader tape remained volatile. With no verified headline provided, the move appears driven by active trading and position building in a liquid smallcap tech name. Volume stood at 33.27 lakh shares.

Market Overview

Nifty 50 closed at 24,231.30 (+1.63%) on Thursday, supported by pockets like metals and parts of IT, while rate-sensitive segments such as banking and realty were cited as under pressure during the session. The tone stayed volatile, with reports highlighting sharp intraday swings as investors booked profits after early strength tied to headlines around potential easing in US-Iran tensions.

Market breadth was positive in the latest available snapshot with 2,283 advances against 1,595 declines (150 unchanged), signalling that buying was more visible outside a few heavyweights that capped index upside during parts of the day. India VIX was reported lower during the session (down more than 3-4% in updates), indicating cooling near-term hedging demand compared with recent spikes.

Macro cues were mixed: Brent crude held near $15 a barrel while markets tracked developments around the Strait of Hormuz, and the rupee was reported stronger at 93.26 per dollar versus the previous close of 93.37. Bond yields edged higher from the prior session’s levels as traders weighed uncertainty and upcoming supply, keeping rate-sensitive equities selective.

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