Top Traded by Value Today 12-May-2026: Key NSE Stocks

Introduction

Indian equities ended lower on 12 May 2026, with Nifty 50 closing at 23,603.25 (-0.89%) and Sensex at 85,246.29 (-0.54%). The session saw heavy churn in financials and index heavyweights, while oil and gas names drew incremental interest after policy-led news flow. Midcaps and smallcaps also slipped, with Nifty Midcap 100 down 1.18%, reflecting risk-off positioning amid elevated crude prices near $105.

Large Cap Top Traded by Value

Billionbrains Garage Ventures Ltd (-5.47%) Shares fell after the May 12 lock-in expiry event that is set to release about 400 crore shares, raising near-term supply risk and pressuring the price. The stock also stayed in focus after reports that early investors planned a large block deal at a discounted floor price, reinforcing expectations of higher free float and selling. The counter was among the most active by value, with 57.29 crore shares traded.

Reliance Industries Ltd (-1.77%) Reliance declined as elevated crude prices and geopolitical headlines kept energy counters under pressure, extending the risk-off tone in index heavyweights. While reports said Reliance is considering a Jio IPO structure focused on a fresh issue and no offer-for-sale, the stock’s move reflected near-term caution on the macro and sector setup.

HDFC Bank Ltd (-1.77%) HDFC Bank slipped as the stock traded close to its 52-week low zone, keeping investors cautious after the recent earnings cycle. Brokerages have been weighing the stock after FY26 Q4 profit rose 9.1% YoY, with the market focused on whether fundamentals can improve quickly enough to arrest the downtrend.

State Bank of India (+0.12%) SBI ended marginally higher after its executive committee approved plans to examine long-term fundraising via bond issuance of up to USD 2 billion in FY27. The move signalled funding readiness and helped the stock stabilise after recent volatility in PSU banks.

ICICI Bank Ltd (-1.68%) ICICI Bank fell in line with the broader banking decline, with Nifty Bank closing down 0.98% as traders cut risk in financials. The stock also remained in a near-term downtrend, keeping intraday selling pressure elevated despite heavy traded value.

Mid Cap Top Traded by Value

Oil India Ltd (+7.52%) Oil India jumped after reports that the government cut the royalty burden on oil and gas exploration, improving cash-flow outlook for upstream producers. The move was reinforced by a bullish read-through from CLSA, which helped drive strong follow-through buying in the stock.

Multi Commodity Exchange of India Ltd (-0.91%) MCX slipped as traders booked profits after the stock’s sharp run-up toward its 52-week high zone (Rs 3,256.15), amid a volatile tape. The mild decline still came with high traded value, indicating active institutional churn rather than a liquidity-driven move.

Dixon Technologies (India) Ltd (-5.87%) Dixon fell sharply as investors cut exposure to high-beta names during the broader market decline, which hit growth and high-valuation pockets the most. The stock also traded close to its 52-week low band (Rs 9,605.05), which can trigger stop-losses and accelerate selling when risk appetite weakens.

Hindustan Copper Ltd (-1.61%) Hindustan Copper declined amid profit-taking as money rotated into oil and gas counters following the upstream policy catalyst. The stock remains well below its 52-week high (Rs 759.20), showing investors were unwilling to add risk aggressively in metals during a down day for the market.

JSW Energy Ltd (-7.06%) JSW Energy tumbled after reports flagged weak Q4 earnings, prompting investors to reprice near-term profitability and execution expectations. The earnings-linked selloff was amplified by the broader risk-off session, keeping volumes and value traded elevated.

Small Cap Top Traded by Value

HFCL Ltd (-0.17%) HFCL ended flat but stayed among the most traded smallcaps by value after being listed in the day’s “stocks to watch” set, keeping liquidity high. The counter also traded close to its 52-week high (Rs 153.50), which typically draws short-term positioning and two-way trades.

Syrma SGS Technology Ltd (-3.04%) Syrma SGS declined as investors trimmed exposure to electronics and manufacturing-linked smallcaps in a weak broader market. With the stock not far from its recent highs (52-week high Rs 1,187.10), the move reflected profit-taking alongside heavy turnover.

Sasken Technologies Ltd (+12.70%) Sasken surged on a momentum move backed by strong volumes, with the stock moving closer to its 52-week high (Rs 1,955.30). The sharp rise alongside high value traded suggests aggressive buying and short-covering in a thin-to-mid liquidity counter.

Himadri Speciality Chemical Ltd (-1.36%) Himadri Speciality Chemical slipped as traders booked profits after the stock’s recent rise toward its 52-week high area (Rs 628.60). The pullback came despite high value traded, indicating active rotation rather than a lack of demand.

Jindal Drilling & Industries Ltd (+8.92%) Jindal Drilling climbed as crude stayed elevated near $105, improving sentiment around offshore activity and service demand. The rally in upstream-linked names after the royalty-burden cut also provided a positive sector read-through for drilling plays.

Market Overview

Nifty 50 closed at 23,603.25 (-0.89%) as the session remained dominated by risk reduction, with traders reacting to elevated crude prices and geopolitical uncertainty after comments that a US-Iran ceasefire was on “life support”. The selloff was sharper in rate-sensitive and growth pockets, pushing Nifty Midcap 100 down 1.18% and Nifty Smallcap 100 lower as well.

Sectorally, IT led the decline with the Nifty IT index sliding nearly 4%, dragging index heavyweights and worsening the headline mood. Banking also stayed weak, with Nifty Bank down 0.98%, which kept high traded value concentrated in HDFC Bank, ICICI Bank and SBI. Against this backdrop, oil and gas counters saw selective buying after news flow around reduced royalty burden, helping names like Oil India stand out even as the benchmarks fell.

Explore More Market Movers

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