Nifty Top 10: BHEL, RAIN, TRIDENT, ENIL & Other Gainers

Indian market continued its bull run as unrelenting momentum of surge in price and volumes remained in the play. As number of Nifty stocks gained both in terms of volume and price. Top ten volume momentum shares came from Nifty500 index and only one stock from Nifty250 made it to the list. List of Top 10 includes BHEL, ENIL & others.

Data Source: NSE

Entertainment Network (India) Ltd (NSE:ENIL) was the topmost stock in terms of volume momentum. Stock witnessed 4013% surge in the traded volumes and delivered 11% price returns. ENIL stock rose to Rs 178 from Rs 157.8. Rain Industries (NSE: RAIN) witnessed 1012% spike in the traded volumes during last five days. RAIN delivered 15% price return during the week. Its stock price rose to Rs 143 from Rs 124.

SREI Infrastructure Finance (NSE: SREINFRA) witnessed spike of 891% in the traded volumes during the week. SREINFRA delivered 10% price returns during the week. Its stock price rose to Rs 161.6 from Rs 146.9. Trident Ltd (NSE: TRIDENT) registered 539% spike in the traded volumes. TRIDENT delivered 14% price returns. Mangalore Chemicals & Fertilizers (NSE: MANGCHEFER) witnessed just 466% surge in the traded volumes but delivered 16% price returns. Its stock price rose to Rs 48 from Rs 41.35.

Mastek Ltd (NSE: MASTEK) registered 404% spike in the traded volumes of the stock and delivered 10% price returns. MASTEK stock price rose to Rs 1214 from Rs 1098. Bharat Heavy Electricals Ltd (NSE: BHEL) registered just 326% spike in the traded volumes but delivered 14% price returns during the week. BHEL stock price rose to Rs 38.64 from Rs 34.

Gujarat Mineral Development Corpn (NSE: GMDC) delivered 9% price returns during the week. Simplex Infrastructure (NSE: SIMPLEXINF) delivered 8% price returns during the week.  Dr. Lal PathLabs (NSE: LALPATHLAB) delivered just 5% price returns during the week despite 359% spike in the traded volume of the stock.