Top Traded by Volume Today 08-May-2026: Key Movers

Introduction

Nifty 50 closed at 24,176.15 (-0.62%) while Sensex fell 516.33 points to 77,328.19 (-0.66%) on Thursday, as risk-off cues kept traders focused on high-volume counters rather than broad-based buying. Banking and other economically sensitive sectors were under pressure, with Nifty Bank down 1.31%, while defensive pockets such as IT and healthcare held up better through the session. The day’s most-traded list was led by Vodafone Idea, Yes Bank and a sharp move in Firstsource Solutions, all of which saw heavy churn on identifiable news triggers.

Large Cap Top Traded by Volume

Vodafone Idea Ltd (+0.09%) Vodafone Idea dominated volumes after the government’s move that reduced the telco’s AGR liability by 27%, easing near-term balance-sheet stress. The relief-led re-rating debate pulled in heavy two-way trades, taking volumes to 59.31 crore shares even as the stock ended nearly flat.

State Bank of India (-6.62%) State Bank of India slid sharply as banking and financial services led the decline, with Nifty Bank closing 1.31% lower amid a broader risk-off session. The steep fall alongside elevated volumes (5.07 crore shares) pointed to aggressive unwinding in large financials as benchmarks ended down more than 0.6%.

HDFC Bank Ltd (-1.84%) HDFC Bank declined in line with the broader sell-off in banking and financially sensitive stocks during the session. The high traded volume of 3.93 crore shares indicated institutional churn as investors reduced exposure to the sector on a weak market day.

Vedanta Ltd (-2.91%) Vedanta fell as metal stocks remained under pressure in a session where cyclicals lagged, keeping sellers in control. The stock also closed near its 52-week low (Rs 296.00 versus close Rs 296.45), which typically draws technical selling and stop-loss activity on heavy volumes.

Adani Power Ltd (-2.17%) Adani Power slipped as traders cut risk in high-beta names during a benchmark-led decline. Volumes of 2.84 crore shares suggested active profit-taking and short-term de-risking rather than a low-liquidity drift.

Mid Cap Top Traded by Volume

Yes Bank Ltd (+1.82%) Yes Bank extended its recent rally after the stock logged its strongest weekly gain in more than two years, rising over 13% for the week as per the latest reports. That momentum kept the counter highly active, with 22.32 crore shares traded and the stock moving closer to its 52-week high of Rs 24.30.

Suzlon Energy Ltd (-1.20%) Suzlon declined amid broad market weakness, as cyclicals saw pressure and traders booked profits in high-participation counters. The 6.16 crore-share volume highlighted continued speculative activity even as the price drifted lower.

Lenskart Solutions Ltd (+0.31%) Lenskart remained one of the most-traded stocks on the NSE in the latest session, keeping volumes elevated despite a marginal price change. The flat-to-positive close suggested heavy intraday churn rather than a one-directional move.

Meesho Ltd (+0.73%) Meesho stayed in focus with strong volumes, indicating sustained trading interest in the counter despite a weak headline market. The modest gain alongside 3.62 crore shares traded pointed to incremental buying absorbing supply through the day.

Kalyan Jewellers India Ltd (+3.28%) Kalyan Jewellers rose 3.28% on robust volumes, standing out on a day when several cyclical pockets were weak. The 2.25 crore-share turnover signalled active accumulation even as the stock remains well below its 52-week high of Rs 617.30.

Small Cap Top Traded by Volume

GTL Infrastructure Ltd (-2.13%) GTL Infrastructure saw heavy turnover as telecom-linked counters stayed in play after Vodafone Idea’s AGR-liability reduction became the key trading trigger in the space. Despite the theme-driven activity, the stock closed lower, indicating supply dominated into the close.

Ola Electric Mobility Ltd (+2.73%) Ola Electric rose after the company highlighted a “Bharat Cell” breakthrough and said its S1 X+ (5.2 kWh) scooter received government CMVR certification from ICAT. The certification, which validates the stated IDC range and performance parameters for a mass-market rollout, drew fresh buying and pushed volumes to 9.43 crore shares.

Firstsource Solutions Ltd (+16.56%) Firstsource Solutions surged after multiple broker actions and post-results commentary turned supportive, including an ICICI Securities upgrade to Buy on a strong pipeline and healthy guidance. Additional positive notes such as Nomura reiterating Buy and Nuvama’s upgrade kept the rally broad-based, with the stock extending a three-session rise after Q4 results on 8.88 crore shares traded.

HFCL Ltd (-3.72%) HFCL fell on heavy volumes as traders booked profits and reduced exposure in volatile small-cap counters during a weak benchmark session. The 7.53 crore-share turnover underscored aggressive intraday selling despite the stock trading close to its 52-week high zone (Rs 147.00).

Mangalore Refinery And Petrochemicals Ltd (+8.04%) MRPL jumped 8.04% as the session spotlight stayed on oil-linked names amid elevated crude prices above $100 per barrel flagged in market commentary. The sharp move, backed by 6.85 crore shares traded, reflected event-driven positioning and high intraday volatility in refining counters.

Market Overview

Benchmark indices ended lower for a second straight session, with Sensex closing at 77,328.19 (-0.66%) and Nifty 50 at 24,176.15 (-0.62%). Market commentary pointed to escalating Iran-US tensions and crude prices above $100 per barrel as key macro risk factors, while India VIX rose about 2% to 16.92, signalling higher near-term uncertainty.

Sectorally, the pressure was concentrated in economically sensitive pockets: banking, financial services, oil and gas, realty and metals led the decline, consistent with the drop in Nifty Bank (-1.31%). In contrast, IT, chemicals and healthcare showed relative resilience, helping limit the downside in broader indices even as risk appetite stayed constrained.

The volume leaderboard reflected this mixed tape: high participation clustered around news-led names (Vodafone Idea on AGR relief, Ola Electric on certification, Firstsource on brokerage upgrades) and heavy churn in large financials amid sector weakness.

Explore More Market Movers

Readers can explore the complete list of market movers here: https://www.multibagg.ai/market-movers/top-gainers