Top Traded by Volume Today 04-Jun-2026: NSE Action

Introduction

Nifty closed at 23,405.60 (-77.96) while the Sensex was last reported around 74,346.2 (-0.4%), as benchmarks recovered from deeper intraday cuts but still finished lower. Market breadth stayed supportive, with 1,989 stocks advancing versus 1,137 declines on the NSE, indicating buying in the broader market despite pressure on select heavyweights. Consumer Durables led sectoral gains, while IT and Metals remained weak, keeping several high-volume names range-bound or volatile. Traders also stayed cautious ahead of the RBI policy decision, while elevated crude oil prices and overseas geopolitical uncertainty kept risk appetite in check.

Large Cap Top Traded by Volume

Vodafone Idea Ltd (+0.54%) Vodafone Idea stayed the market’s most traded counter as the stock extended momentum after rising 6% on 3 June to a 20-month high, with investors tracking capex execution and network improvement milestones. The recent narrative around possible tariff rationalisation over the next 12-24 months has kept trading interest elevated, supporting sustained high turnover. The stock continued to trade close to its 52-week high zone, keeping short-term traders active.

HDFC Bank Ltd (+0.12%) HDFC Bank remained among the most active large caps as investors positioned ahead of the RBI policy decision, when commentary on liquidity and rates can directly influence banking stocks. The stock’s proximity to its 52-week low band has also kept it in focus for tactical buying and derivatives-linked activity. Despite the heavy volumes, price action stayed tight, indicating two-way trades rather than a directional breakout.

Wipro Ltd (+0.07%) Wipro saw elevated volumes even as the stock ended nearly flat, in line with the broader IT pack that has been facing profit-taking after a recent rally. With Nifty IT under pressure in the session, traders appeared to use high liquidity names like Wipro for quick churn and hedges. The muted close suggests selling was absorbed near the day’s levels, preventing a sharper fall.

Eternal Ltd (+2.91%) Eternal gained sharply on high volumes as traders played a rebound after recent selling pressure in select large caps and growth names. With broader markets recovering from intraday lows and midcaps and smallcaps holding up better, the stock drew incremental risk-on positioning. The move also stood out because it came alongside heavy turnover, indicating active short-covering and fresh buying.

Billionbrains Garage Ventures Ltd (+0.64%) Billionbrains Garage Ventures was heavily traded with a modest gain, pointing to active churn rather than a single headline-driven move. In the absence of a specific news trigger in the provided updates, the high turnover suggests short-term positioning and liquidity-driven trades. The stock’s trading activity remained elevated versus many peers, keeping it on volume screens.

Mid Cap Top Traded by Volume

Suzlon Energy Ltd (+2.21%) Suzlon advanced after a cluster of positive updates, led by JM Financial reiterating a Buy call and projecting about 17% upside as it backed the company’s FY31 growth plans. The stock also benefited from management’s articulated roadmap to invest about Rs 2,500 crore by FY31 and expand into solar and battery storage, with targets including 10 GW renewable sales and 4 GW BESS capacity. With the counter holding above key moving averages per the cited note, the combination of broker support and visible long-term targets kept volumes elevated.

NHPC Ltd (+1.36%) NHPC traded in heavy volumes with a steady gain as investors continued to prefer select PSU and power names on days when broader markets were choppy but midcaps held up. With macro uncertainty and RBI policy cues in focus, defensives and yield-linked themes typically see rotation, supporting activity in liquid PSU counters. The positive close alongside high volume suggests accumulation rather than a purely speculative spike.

Yes Bank Ltd (-0.74%) Yes Bank slipped despite strong activity, indicating profit-taking and supply at higher levels even as the stock remained a high-turnover name. With the counter trading close to its 52-week high zone, traders appeared to book gains into strength, leading to a softer close. The day’s volumes point to active two-way participation rather than an exit by a single cohort.

GMR Airports Ltd (+3.34%) GMR Airports rose with strong volumes as the aviation theme stayed in focus after policy-related developments highlighted in the broader market narrative, including the Cabinet’s approval of a fuel stabilisation fund that lifted sentiment around the aviation ecosystem. While the fund directly supports airlines, investors often extrapolate improved traffic resilience and sector stability to airport operators, supporting the trade. The move was backed by sizeable turnover, signalling aggressive positioning.

Steel Authority of India Ltd (-3.34%) SAIL fell sharply as metal stocks stayed under pressure, in line with Nifty Metal trading in the red through the session. The risk-off tone from higher crude prices and geopolitical uncertainty typically weighs on cyclicals, which can hit metals first due to margin and demand sensitivity. The large volume alongside a steep decline points to active selling and stop-loss triggers.

Small Cap Top Traded by Volume

GTL Infrastructure Ltd (+6.08%) GTL Infrastructure jumped on heavy volumes as telecom-linked stocks remained in focus, helped by the continued action in Vodafone Idea which again topped large-cap volume charts. With investors tracking network expansion and capex execution in the telecom space, tower and infrastructure plays often see sympathy trades, lifting turnover. The move came with a strong percentage gain, signalling momentum buying in a low-priced counter.

Ola Electric Mobility Ltd (-1.25%) Ola Electric remained highly traded as the market continued to digest the company’s QIP-related developments, which had driven sharp moves over the last two sessions. After hitting a 10% upper circuit on 3 June following approval of a preliminary QIP document and a floor price, the stock saw a pullback as dilution concerns resurfaced, echoing the pressure reported on 2 June. Even with an Axis Securities technical note highlighting a weekly breakout and near-term targets, the session reflected profit-taking at higher levels.

IFCI Ltd (+1.93%) IFCI extended gains after hitting a fresh 52-week high in the previous session, with traders linking the rally to its indirect exposure to NSE-related developments. The stock has been bid up amid expectations around NSE’s long-awaited IPO timeline, which has supported momentum in companies perceived as beneficiaries. IFCI’s close near its 52-week high, along with strong volumes, indicates the theme-driven trade remained active.

Jaiprakash Power Ventures Ltd (-1.55%) Jaiprakash Power declined despite high volumes, suggesting traders used the liquidity to reduce risk as the broader market remained sensitive to macro cues like crude oil and the RBI decision. In the absence of a specific company trigger in the provided updates, the fall looks driven by short-term profit booking and supply at higher levels. The active turnover indicates the stock stayed a key trading vehicle in the power small-cap space.

Kwality Walls India Ltd (+16.67%) Kwality Walls surged on very heavy volumes and moved close to its 52-week high, a pattern that typically attracts momentum traders looking for breakouts. With no specific news catalyst provided in the inputs, the magnitude of the move and turnover suggests a technical breakout combined with aggressive short-term positioning. The sharp jump also raises the likelihood of circuit-driven price action in the counter.

Market Overview

Nifty ended at 23,405.60, down 77.96 points, while the Sensex was reported around 74,346.2, down about 0.4%, after a sharp recovery from intraday lows. Broader markets were relatively stronger, with the Nifty Midcap 100 and Nifty Smallcap 100 rising about 1% each, consistent with the positive breadth of 1,989 advances against 1,137 declines.

Sectorally, Nifty Consumer Durables gained nearly 2%, while IT and Metals stayed under pressure, reflecting profit-taking in technology names and weaker appetite for cyclicals. The session’s macro backdrop remained risk-aware due to uncertainty around US-Iran negotiations and a fresh spike in crude prices, while investors also positioned ahead of the RBI policy decision. On the positive side, final PMI data showed India’s services growth accelerated to a six-month high in May, offering some support to domestic growth expectations.

Explore More Market Movers

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