Top Traded by Value Today 17-Sep-2026: NSE, BSE

Introduction

Nifty 50 closed at 23,284.15 (+0.29%) and Sensex ended at 74,406.53 (+0.09%) on 17 Sep 2026, while Bank Nifty bucked the trend to finish lower at 56,161.45 (-0.23%). Market volatility cooled further with India VIX down 5.68% to 12.42, indicating reduced demand for near-term hedges. Value turnover was concentrated in financials and a few high-volume smallcaps, even as commodities and autos were among the better-performing pockets in the broader tape. Institutional flow commentary in the provided market context flagged cautious positioning by FIIs and DIIs, though exact figures were not available.

Large Cap Top Traded by Value

HDFC Bank Ltd (-1.30%) HDFC Bank fell as banking stocks underperformed the broader market, with Bank Nifty ending lower on the day. With no stock-specific news provided, the move appears tied to index-level de-risking in large private banks, amplified by heavy turnover of 2.41 crore shares.

ICICI Bank Ltd (-1.03%) ICICI Bank declined in a session where the banking pack lagged even as the benchmarks closed marginally higher. The stock’s presence among the top traded-by-value names alongside other lenders points to sector rotation out of banks rather than a single-company trigger in the provided dataset.

Reliance Industries Ltd (-0.05%) Reliance Industries traded almost flat, slipping marginally despite being one of the most traded names by value. In the absence of a company-specific catalyst in the inputs, the tight move suggests two-way institutional flows and index balancing around a key heavyweight.

Eternal Ltd (+2.24%) Eternal gained 2.24% on strong activity, with volumes at 2.89 crore shares, indicating aggressive positioning in the counter. Since no verified company news was provided, the rise is best explained by momentum buying backed by unusually high turnover versus most large caps.

State Bank of India (-0.67%) SBI slipped despite high traded value as the banking space remained mixed and the Bank Nifty closed in the red. With no SBI-specific update in the provided context, the price move looks driven by sector-wide profit-taking in lenders, even as broader indices held up.

Mid Cap Top Traded by Value

PB Fintech Ltd (-3.70%) PB Fintech was the sharpest decliner in the mid-cap high-value list, falling 3.70% and also featuring among the day’s notable laggards in the broader market snapshot. With no company-specific news provided, the drop is consistent with a pullback from near its 52-week high zone (Rs 1,963) after recent positioning, with 72.30 lakh shares changing hands.

Multi Commodity Exchange of India Ltd (+1.77%) MCX rose 1.77% as commodity-linked segments led gains in the session, supporting exchange and trading-platform names that typically benefit from higher participation in commodities. The stock’s inclusion among the top traded-by-value midcaps, despite a lower share count volume than others, signals high-ticket trades contributing to turnover.

Welspun Corp Ltd (+1.65%) Welspun Corp climbed 1.65% alongside strength in cyclicals, with the market context showing commodities and metals outperforming during the session. Without a specific corporate headline in the provided inputs, the move aligns with sector-linked buying in industrial and commodity-adjacent plays, backed by 17.58 lakh shares in volume.

IndusInd Bank Ltd (+1.58%) IndusInd Bank gained 1.58% even as the Bank Nifty closed lower, pointing to stock-specific relative strength within financials. With no fresh disclosure cited in the data, the rise appears driven by selective buying and position shifts within banks, with 43.68 lakh shares traded.

Ather Energy Ltd (-0.64%) Ather Energy ended lower by 0.64% on active turnover, suggesting investors booked gains or reduced exposure after recent moves, in the absence of a stated news trigger. The stock remained among the day’s most traded-by-value midcaps, indicating continued institutional and retail participation.

Small Cap Top Traded by Value

Kanohar Electricals Ltd (+8.97%) Kanohar Electricals jumped 8.97% as the stock rallied toward its 52-week high zone (52-week high Rs 885.65), with the day’s traded range in the context showing prices reaching close to that level. The move was reinforced by very high volumes of 2.50 crore shares, a typical marker of a momentum breakout attempt.

Glass Wall Systems (India) Ltd (+19.99%) Glass Wall Systems surged 19.99% and closed at its 52-week high of Rs 258.40, indicating a clear technical breakout day. The spike came with extremely heavy volume of 6.75 crore shares, suggesting aggressive demand and likely upper-circuit style price action in the counter.

Syrma SGS Technology Ltd (+6.71%) Syrma SGS rose 6.71% as electronics manufacturing services names reacted to policy-linked headlines referenced in the provided context, including extensions of customs duty exemptions for electronics manufacturing machinery and components. The stock also traded close to its 52-week high (Rs 1,676.15), with strong volumes of 95.53 lakh shares supporting the upmove.

IFCI Ltd (+2.62%) IFCI advanced 2.62% on one of the highest volumes of the day at 18.74 crore shares, pointing to a liquidity-driven move rather than a single disclosed corporate trigger in the inputs. The stock’s high turnover and intraday range activity indicates active trading interest in PSU finance-linked counters.

Tata Chemicals Ltd (+6.60%) Tata Chemicals gained 6.60% with high participation, clocking 1.54 crore shares in volume and making the small-cap traded-by-value list. As no company-specific announcement was provided, the sharp move is best read as a demand-led rally supported by heavy turnover and a broader risk-on tone in cyclicals outside banking.

Market Overview

Indian equities ended modestly higher on 17 Sep 2026, with Nifty 50 closing at 23,284.15 (+0.29%) and Sensex at 74,406.53 (+0.09%). The day’s key divergence was in financials as Bank Nifty closed at 56,161.45 (-0.23%), aligning with weakness in large private banks that also dominated traded value.

Sectorally, the provided heatmap snapshot pointed to stronger performance in commodities and other cyclicals, while banking was a drag. Volatility eased materially as India VIX fell to 12.42 (-5.68%), suggesting traders priced in fewer near-term shocks and reduced hedging intensity.

Market breadth indicators cited in the context remained supportive across segments, with a strong advance-decline ratio within large caps and similarly healthy participation in small caps. FII and DII activity was described as cautious in the supplied market wrap, without specific net buy-sell numbers.

Explore More Market Movers

Readers can explore the complete list of market movers here:

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