Top Traded by Value Today 17-Jul-2026: Market Movers

Introduction

Nifty 50 closed at 24,334.30 (+1.09%) and Sensex ended at 78,151.45 (+1.25%) on 17 Jul 2026, with the day’s leadership coming from IT and financials. Nifty Bank outperformed at 58,521.40 (+1.63%) and Nifty IT rose to 29,226.60 (+1.75%), aligning with heavy value turnover in Tech Mahindra, ICICI Bank and Jio Financial Services. The broader market lagged despite the headline rally, with Nifty Midcap 50 down 0.44% and Nifty Smallcap 100 down 0.48%, indicating the day’s activity was more concentrated in select large-cap counters.

Large Cap Top Traded by Value

Reliance Industries Ltd (+2.59%) Reliance gained as investors positioned ahead of its scheduled Q1 FY27 results announcement after market hours on 17 Jul, keeping the stock among the highest value-traded names. The move also tracked the day’s broader risk-on tone in index heavyweights, with traders focusing on potential earnings commentary across the oil-to-telecom businesses.

Jio Financial Services Ltd (+3.12%) Jio Financial climbed after it released its Q1 FY27 investor presentation and filed unaudited results for the quarter ended 30 Jun 2026. The company highlighted a sharp YoY jump in profitability in the presentation, including PBT up 131% YoY to Rs 970 crore and NBFC PAT up 113% YoY, which supported buying interest alongside very high volumes.

Bharat Heavy Electricals Ltd (-3.10%) BHEL fell despite publishing Q1 FY27 results that showed a return to profit, with standalone PAT at Rs 381.91 crore and total income at Rs 7,697.72 crore (as published on 17 Jul). After the prior day’s results-led run-up, the stock saw heavy two-way trade and profit-taking, reflected in large volumes even as it closed lower.

ICICI Bank Ltd (+1.67%) ICICI Bank rose alongside the strong move in Nifty Bank (+1.63%), with the stock also showing a technical breakout signal as it traded above a key resistance level cited in market updates. With banking stocks leading index gains, investors rotated into liquid lenders, keeping ICICI Bank among the top value counters.

Tech Mahindra Ltd (+3.91%) Tech Mahindra surged after it reported a 28.4% rise in consolidated net profit for the June quarter, which drove buying across IT names. The stock’s sharp move and Nifty IT’s 1.75% rise reinforced the earnings-triggered interest in large-cap IT, backed by high turnover.

Mid Cap Top Traded by Value

Kalyan Jewellers India Ltd (+5.06%) Kalyan Jewellers extended its recent run as the company disclosed that its Board will meet on 04 Aug 2026 to consider and approve unaudited Q1 FY27 results, keeping the stock in focus. With the trading window closed from 01 Jul until 48 hours after the meeting, investors continued to price in a results event, supported by very heavy volumes.

Federal Bank Ltd (+6.68%) Federal Bank rallied as banking stocks led the session, reflected in Nifty Bank’s 1.63% gain and Federal Bank featuring among the day’s key bank gainers in market updates. The stock also ended just shy of its 52-week high of Rs 351.00, signalling aggressive positioning as it approached a breakout zone.

Dixon Technologies (India) Ltd (-1.04%) Dixon slipped in active trade without a fresh company update in the provided news flow, pointing to trading-led selling in a stock that remains well below its 52-week high of Rs 18,471.50. The decline also came on a day when midcaps underperformed the benchmarks (Nifty Midcap 50 down 0.44%), encouraging profit-taking in select high-priced names.

Multi Commodity Exchange of India Ltd (-2.44%) MCX fell amid heavy value turnover, with the move suggesting traders reduced exposure in the absence of a new catalyst in the supplied news set. The stock remains significantly off its 52-week high of Rs 3,479.80, and the day’s risk appetite was concentrated more in banks and IT than in exchange plays.

ICICI Lombard General Insurance Company Ltd (-0.75%) ICICI Lombard edged lower as investors preferred higher-beta financials, particularly banks, during a Nifty Bank-led rally. With no specific company trigger cited in the provided updates, the move appeared driven by rotation within the financial space and normal consolidation in a stock near its 52-week lows compared with peers.

Small Cap Top Traded by Value

Relaxo Footwears Ltd (+19.99%) Relaxo Footwears jumped nearly 20% in a sharp momentum move, accompanied by very high volumes (3.78 crore shares), making it the standout small-cap value counter. With no specific company announcement provided in the news set, the magnitude and turnover point to a technical surge and aggressive short-covering style buying.

Himadri Speciality Chemical Ltd (+2.67%) Himadri gained as it approached its 52-week high of Rs 744.50, closing at Rs 741.70 and drawing momentum participation. The stock’s rise on large volumes (1.93 crore shares) indicates traders were positioning for a possible 52-week breakout.

Campus Activewear Ltd (+4.07%) Campus Activewear climbed on strong activity (5.45 crore shares), reflecting a demand-driven move in a liquid small-cap consumer name. In the absence of a fresh stock-specific update in the provided news, the rise is best explained by momentum trade supported by outsized volumes.

Fino Payments Bank Ltd (+10.66%) Fino Payments Bank surged over 10% with exceptionally heavy volumes (6.02 crore shares), signalling a risk-on chase in smaller financial stocks on a day when banks led market gains. With no company trigger cited in the supplied news flow, the move appears technically driven, with traders piling into high-beta financial plays.

Mangalore Refinery And Petrochemicals Ltd (+0.35%) MRPL ended marginally higher on very large volumes (5.29 crore shares), suggesting active positioning in refining names. The stock’s participation alongside a strong day for index heavyweights like Reliance kept energy-linked counters on traders’ radar even though the net price change was modest.

Market Overview

Indian equities ended firmly higher on Friday, with Nifty 50 settling at 24,334.30 (+1.09%) and Sensex at 78,151.45 (+1.25%). Sectorally, leadership was visible in Nifty Bank (+1.63%) and Nifty IT (+1.75%), consistent with earnings and results-linked moves in key constituents such as Tech Mahindra and Jio Financial Services.

The session also showed a split market: while benchmarks strengthened, broader indices lagged, with Nifty Midcap 50 down 0.44% and Nifty Smallcap 100 down 0.48%. That divergence matched the day’s “top traded by value” list, where turnover was concentrated in a handful of large, liquid names even as several mid and small-cap counters saw sharp, volume-led moves.

Explore More Market Movers

Readers can explore the complete list of market movers here:

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