Top Traded by Value Today 06-May-2026: Key Stocks

Introduction

Nifty 50 closed at 24,330.95 (+1.24%) while Sensex rose 940.73 points to 77,958.52 (+1.22%), as broader markets outperformed with strong participation beyond index heavyweights. Market breadth stayed firmly positive with 2,755 shares advancing versus 1,287 declining (161 unchanged). Pharma, banks, autos and metals led the day’s high-value trading list, while energy and FMCG were relatively subdued. FII and DII flow data was not provided in the session context.

Large Cap Top Traded by Value

Larsen & Toubro Ltd (-1.18%) L&T slipped after its Q4 FY26 earnings triggered a negative reaction, with reports highlighting weaker margins and a softer FY27 outlook despite an 11% revenue rise. Investors also digested a Q4 PAT decline of about 3% and a one-time exceptional charge of ₹1,722.44 crore disclosed in the audited FY2026 results update. The stock saw heavy value churn even as L&T announced a mega domestic order win from JSW Steel, as the earnings and outlook commentary dominated the near-term trade.

HDFC Bank Ltd (+3.11%) HDFC Bank climbed after the Bombay High Court quashed the ₹2.05-crore bribery FIR against CEO Sashidhar Jagdishan, removing an overhang tied to the bank’s recovery actions. The legal relief coincided with a strong session for private banks, supporting a sharp rebound in the stock on high volumes.

ICICI Bank Ltd (+2.24%) ICICI Bank advanced in line with the day’s banking-led upmove as Bank Nifty strengthened and broader financials participated in the rebound. With no specific company announcement provided in the news feed, the move appeared driven by sector-wide buying as markets reacted to easing crude and improved risk appetite.

HDFC Life Insurance Company Ltd (+2.04%) HDFC Life rose alongside financials as the session saw strong participation in lenders and allied plays, keeping insurance counters in focus in high-value trading. In the absence of a specific company update in the provided news, the stock’s gain was supported by the broader rotation into financials.

Vedanta Ltd (+4.11%) Vedanta gained as metal stocks tracked the stronger tone in commodities, with Nifty Metal up 1.13% on the day. The counter also saw very heavy volumes, suggesting active positioning in metal names during the broad-based rebound.

Mid Cap Top Traded by Value

Coforge Ltd (+9.62%) Coforge surged after it reported a sharp Q4 earnings jump, with Q4 PAT up 144.72% to ₹612.3 crore and revenue from operations rising to ₹4,450.4 crore. The stock also reacted to multiple analyst upgrades and higher target prices cited after the results, with brokerages pointing to margin strength and deal wins. While a separate report flagged a US lawsuit filed by Mphasis alleging employee hiring and client information misuse, the trading action showed investors prioritised the earnings beat and upgraded outlook.

Meesho Ltd (-3.77%) Meesho declined despite the broader market rally, with heavy traded value suggesting active selling during the session. No specific company catalyst was provided in the supplied news and context, indicating the move was likely driven by trade positioning and stock-specific flows.

Hero MotoCorp Ltd (+1.11%) Hero MotoCorp edged higher as autos remained among the stronger pockets, with Nifty Auto ending the day in the green. With no company-specific news provided, the stock’s move tracked the sector’s broader rebound.

SRF Ltd (+7.59%) SRF jumped sharply in high-value trade, backed by strong volumes, even as no specific company announcement was included in the provided feed. The magnitude of the move suggests momentum-driven buying, with investors chasing a breakout-type move from the midcap pack during a risk-on session.

Yes Bank Ltd (+7.95%) Yes Bank rallied in a banking-led session, with broader commentary indicating supportive domestic developments including a government credit guarantee scheme for businesses, which lifted banking stocks. The counter also saw exceptionally high volumes (42.75 crore shares), underscoring aggressive participation in the trade.

Small Cap Top Traded by Value

Wockhardt Ltd (+11.90%) Wockhardt surged after a Q4FY26 earnings turnaround, with the company reporting a net profit of about ₹164-166 crore versus a loss in the year-ago quarter. Revenue rose 30% YoY to ₹965 crore and margins expanded to 23.3%, reinforcing the turnaround narrative for investors. The move came on very heavy volumes (2.50 crore shares), taking the stock near its recent highs.

HFCL Ltd (+10.07%) HFCL jumped with a high-volume move, with 17.24 crore shares changing hands in the session. With no specific company news provided, the rally appeared driven by momentum buying, and the stock closed just below its 52-week high of ₹142.80.

Tejas Networks Ltd (+8.79%) Tejas Networks gained sharply amid heavy traded value, indicating strong risk appetite in select smallcap tech and telecom-linked counters. In the absence of a company-specific trigger in the provided feed, the move is best explained by momentum participation in high-beta names.

Netweb Technologies India Ltd (+4.56%) Netweb rose on steady high-value buying and remained close to its 52-week high zone (₹4,480), keeping momentum traders active in the counter. No new company update was provided in the supplied news, so the move was primarily supported by price action and volume.

Garden Reach Shipbuilders & Engineers Ltd (+3.57%) GRSE advanced with firm volumes, aligning with the broader midcap and smallcap rebound where risk appetite improved through the day. With no specific stock catalyst provided in the feed, the move looked flow-driven in a strong tape for industrial and PSU-linked names.

Market Overview

Indian equities staged a strong rebound on May 6, with the Nifty adding 298.15 points to close at 24,330.95 (+1.24%) and the Sensex rising 940.73 points to 77,958.52 (+1.22%). The session was supported by favourable global cues and easing crude oil prices amid reports pointing to progress in US-Iran talks, while volatility cooled as India VIX fell sharply and ended near 17.

Sectorally, gains were broad-based: pharma led earlier with strong outperformance, while banks, autos, metals, realty and media also finished higher. Energy and FMCG lagged, consistent with the day’s index commentary that highlighted ONGC and select defensives among the key drags.

Breadth underscored the risk-on tone. As per the session data, 2,755 shares advanced versus 1,287 declines, and commentary also noted that 407 stocks in the Nifty 500 universe ended in the green, reflecting strong participation beyond the frontline.

Explore More Market Movers

Readers can explore the complete list of market movers here:

https://www.multibagg.ai/market-movers/top-gainers