Top Traded by Volume Today 23-Apr-2026: Most Active

Introduction

Nifty 50 and Sensex closing levels were not provided in the market data shared for 23 Apr 2026, but trading activity was clearly concentrated in telecom, renewables, financials and power names based on the day’s highest-volume counters. Vodafone Idea led the mid-cap volume chart with 39.14 crore shares traded, while Jio Financial Services topped the large-cap list at 7.70 crore shares. In small caps, Jaiprakash Power Ventures (18.41 crore) and Reliance Power (11.55 crore) saw heavy churn, alongside sharp moves in IRM Energy and Delta Corp. FII and DII flow data and advance-decline statistics were not available in the provided context.

Large Cap Top Traded by Volume

Jio Financial Services Ltd (+4.28%) Jio Financial Services rose 4.28% on one of the highest large-cap volumes of the day (7.70 crore shares), indicating aggressive repositioning in the counter. No company-specific news was provided in the supplied dataset for 23 Apr, so the move is best explained as volume-led momentum trading.

Billionbrains Garage Ventures Ltd (-0.11%) Billionbrains Garage Ventures was largely flat but remained among the day’s most traded large caps with 7.33 crore shares changing hands. With no fresh news in the provided inputs, the unusually high liquidity suggests short-term churn rather than a catalyst-driven directional move.

Union Bank of India (-7.40%) Union Bank of India dropped 7.40% on heavy volume (6.76 crore), signalling a decisive risk-off move in the stock during the session. The dataset does not carry a specific news trigger, so the fall is best read as a volume-backed technical breakdown after trading close to its 52-week high zone (205.45).

Adani Power Ltd (-0.56%) Adani Power slipped 0.56% even as volumes stayed elevated at 6.21 crore shares. With no company update provided for the day, the price action points to profit-taking near the stock’s recent highs (52-week high 217.30) despite continued high trading interest.

Indian Railway Finance Corporation Ltd (-0.74%) IRFC eased 0.74% with 4.43 crore shares traded, keeping it among the most active large caps. In the absence of a news catalyst in the shared inputs, the move appears to be routine rebalancing in a high-participation PSU counter.

Mid Cap Top Traded by Volume

Vodafone Idea Ltd (+0.31%) Vodafone Idea inched up after data showed it added 1.03 lakh net subscribers in March, marking a second straight month of net additions after about five years. Investors reacted to the subscriber metric because it is a key signal for stabilisation ahead of upcoming results, even as the company remains leveraged with spectrum liabilities of about Rs 1.24 lakh crore.

Suzlon Energy Ltd (-1.50%) Suzlon fell 1.50% despite fresh brokerages reiterating ‘Buy’ calls and raising optimism around its European re-entry and the “Blue Sky” platform unveiled at Wind Europe 2026. The decline, alongside 12.06 crore shares traded, suggests traders booked profits after the stock’s sharp recent run-up, even as analysts cited an order book of about 6.5 GW.

Yes Bank Ltd (+0.25%) Yes Bank edged higher after multiple disclosures around Verventa’s stake: a release of pledge over about 5.11% of equity via Axis Trustee Services and creation of offshore security/encumbrance over roughly 8.49%-8.53% shares via DB Trustees (HK). The stock’s small gain reflects the market reading the pledge release as reducing near-term overhang, while treating the new charge as a financing-related, largely neutral event.

Ashok Leyland Ltd (-4.61%) Ashok Leyland slid 4.61% with 3.48 crore shares traded, making it one of the busiest mid-cap counters despite the fall. No specific company catalyst was available in the provided dataset, so the move is best explained as a volume-led selloff that pushed the stock further away from its 52-week high (215.35).

NMDC Ltd (-1.40%) NMDC declined 1.40% on active volumes of 2.65 crore shares. With no fresh news in the inputs, the dip appears to be a technical pullback near the stock’s 52-week high zone (88.49), where traders often lighten positions.

Small Cap Top Traded by Volume

Jaiprakash Power Ventures Ltd (-1.00%) Jaiprakash Power slipped 1.00% while remaining one of the most heavily traded stocks on the market at 18.41 crore shares. No new company announcement was provided for 23 Apr in the supplied dataset, so the activity is best characterised as high churn and speculative trading in a low-priced power name.

Reliance Power Ltd (-0.40%) Reliance Power traded heavily and ended lower after reports that its CFO Ashok Kumar Pal was arrested in an alleged bank-guarantee forgery case involving over Rs 136 crore linked to securing a SECI tender. Investors typically price in governance and execution risk quickly in such events, and the stock saw continued high volumes (11.55 crore) even as it slipped.

Ola Electric Mobility Ltd (-2.99%) Ola Electric declined 2.99% on strong turnover with 8.08 crore shares traded. With no specific news trigger provided in the dataset, the fall appears to be a volume-led risk reduction trade in the counter.

IRM Energy Ltd (+13.12%) IRM Energy surged 13.12% with 7.30 crore shares traded, and the broader market context flagged it as a standout volume gainer versus its recent averages. No company-specific news was included in the supplied inputs, so the rally is best explained as an event-style volume spike that drove a sharp repricing during the session.

Delta Corp Ltd (+19.99%) Delta Corp hit a 19.99% upper circuit as volumes jumped sharply, with the market context also showing a major multiple versus recent average volumes. With no fresh news in the provided dataset, the move is best described as a circuit-driven momentum trade, where aggressive buying overwhelmed available supply.

Market Overview

Sector leadership was visible through the volume leaders: telecom (Vodafone Idea), renewables and capital goods linked to wind (Suzlon), and power utilities (Reliance Power, JP Power) dominated the most-active list. The day also saw sharp, volume-backed single-stock moves in IRM Energy and Delta Corp, both of which appeared in the broader “volume gainers” screen.

At the index level, Nifty 50 and Sensex closing levels, sectoral index performance, market breadth, and FII/DII net activity were not provided in the shared market context. As a result, the session read is anchored to stock-specific triggers and the concentration of turnover in a narrow set of high-participation counters.

Explore More Market Movers

Readers can explore the complete list of market movers here:

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