Top Traded by Value Today 23-Oct-2026: NSE, BSE Movers
Introduction
Nifty 50 closed at 22,568.80 (-0.52%) and the Sensex ended at 72,976.00 (-0.37%) on Friday, as early gains faded amid broad-based selling. Market breadth stayed sharply negative with 501 advances against 3,072 declines (as of 14:40 IST), showing heavy pressure in mid and small caps even as frontline IT held up. IT was the only pocket showing resilience, while metal, realty and consumer durables led the cuts in sectoral indices through the day. The latest available institutional data (from Oct 22) showed FIIs as net sellers worth Rs 3,459 crore, while DIIs bought Rs 2,891 crore.
Large Cap Top Traded by Value
Infosys Ltd (+0.30%) Infosys stayed among the highest value-traded counters as the Street positioned ahead of the company’s Q2 earnings scheduled for Oct 23, keeping IT relatively insulated versus the broader sell-off. With Nifty IT ending in the green while most sectors fell, investors prioritised large, liquid IT names for near-term results and guidance cues.
Eternal Ltd (+3.97%) Eternal rose after its latest Q2 performance triggered multiple brokerage target hikes, with analysts pointing to improving unit economics and faster store expansion at Blinkit alongside steady growth in food delivery. The stock also saw heavy value turnover as investors repriced the earnings upgrades and broker commentary into near-term expectations.
Bharti Airtel Ltd (-0.52%) Bharti Airtel slipped even as it remained one of the most traded by value, reflecting profit-taking in defensives during a weak tape for the broader market. With risk-off conditions across sectors, investors pared exposure to index heavyweights where near-term triggers were not in focus versus results-led IT trades.
Reliance Industries Ltd (+1.19%) Reliance advanced as traders rotated into large energy-linked names amid a session marked by an oil-price spike and heightened Middle East tensions referenced in market commentary. The move also followed recent pressure in the stock, prompting bargain-led buying in a high-liquidity counter despite overall market weakness.
Tata Consultancy Services Ltd (+1.00%) TCS gained as IT held out as the only sectoral pocket in the green, keeping buyers focused on earnings-season positioning and large-cap IT defensives. The stock’s strong participation in value turnover underscored institutional preference for liquid IT names while mid and small caps saw sharper cuts.
Mid Cap Top Traded by Value
Swiggy Ltd (-16.37%) Swiggy sank after its Q2 FY27 update, despite reporting 33.8% YoY revenue growth to Rs 7,909 crore, as investors focused on profitability and quick-commerce losses rather than top-line momentum. The sell-off pushed the stock near its 52-week low (Rs 174.90) on very high volumes, indicating aggressive repricing after the results narrative turned to losses.
Persistent Systems Ltd (-0.77%) Persistent fell even as IT indices held up, suggesting stock-specific profit-taking as investors concentrated liquidity into the very top IT names ahead of key results. Heavy value turnover alongside a mild decline pointed to two-way trade rather than a broad IT exit.
Cupid Ltd (-4.25%) Cupid declined amid the broader risk-off session for mid and small caps, with investors cutting exposure to higher-volatility names as market breadth weakened sharply. The fall came with elevated trading activity, consistent with short-term unwinding in a weak market.
Coforge Ltd (-0.73%) Coforge eased as traders booked gains in select mid-cap IT counters despite the sector showing relative strength on the day. The stock’s inclusion among top value-traded names indicates active churn rather than a low-liquidity drift.
GE Vernova T&D India Ltd (-1.47%) GE Vernova T&D India slipped as capital-goods and infrastructure-linked pockets remained under pressure in the session’s broader sell-off. With investors de-risking outside IT, the stock saw selling alongside high traded value.
Small Cap Top Traded by Value
Cyient Ltd (+7.40%) Cyient jumped after reporting a strong Q2 FY27 print and announcing a Rs 12 per share interim dividend, alongside better order momentum. The company reported DET revenue of Rs 1,664 crore, EBIT of Rs 237 crore with a 14.2% margin, PAT of Rs 153 crore and order intake up 20.8% YoY, which supported the sharp price move on heavy volumes.
PC Jeweller Ltd (-0.06%) PC Jeweller ended flat but remained one of the day’s busiest value counters, reflecting churn between traders after a sharp recent run-up highlighted in market commentary. The extremely high volume suggests active profit-taking and dip-buying near the stock’s recent range rather than a single-direction move.
Chennai Petroleum Corporation Ltd (+1.65%) Chennai Petroleum advanced as energy-linked stocks drew attention during a session where oil prices were flagged as a key macro driver. Elevated traded value indicates investors used liquid energy counters for tactical positioning even as most sectors corrected.
Steel Strips Wheels Ltd (+19.99%) Steel Strips Wheels hit a sharp 19.99% surge to Rs 469.70, matching its 52-week high, a pattern typically associated with a strong technical breakout and circuit-led momentum. The rally came on very high volumes, signalling aggressive buying interest despite weak broader markets.
Netweb Technologies India Ltd (-5.42%) Netweb Technologies dropped as the broader small-cap complex saw deeper cuts, pushing investors to reduce exposure to higher-beta technology names. The decline alongside meaningful traded value suggests institutional and trader-led de-risking into the close.
Market Overview
Nifty 50 settled at 22,568.80 (-0.52%) and the Sensex closed at 72,976.00 (-0.37%) after a volatile session in which benchmarks gave up a strong opening pop. Market commentary during the day pointed to an oil-price spike tied to Middle East tensions as a key macro headwind, while results season kept stock-specific moves sharp.
Sectorally, Nifty IT was the notable outlier with a small gain (about +0.14%), while most other sector indices ended lower, led by steep cuts in consumer durables, realty and metal. The market’s internal strength remained weak: 501 stocks advanced versus 3,072 declines on NSE (as of 14:40 IST), highlighting that selling pressure was much heavier below the headline indices.
On flows, the latest available institutional numbers (for Oct 22) showed FIIs selling Rs 3,459 crore in cash, with DIIs buying Rs 2,891 crore, setting a cautious backdrop for risk assets. That context helps explain why turnover concentrated in a handful of high-liquidity counters like Infosys, Swiggy, Cyient and PC Jeweller.
Explore More Market Movers
Readers can explore the complete list of market movers here: https://www.multibagg.ai/market-movers/top-gainers
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