As the markets continue to scale new highs on back of rise in global markets a number of shares witnessed spike in traded volumes. Top ten volume momentum stocks were largely from Nifty500 & Nifty250 indices, Nifty500 accounted for six of ten stocks. Services, Financial Services, Metals and Energy were the sector which constituted top ten stocks.
Thomas Cook India Ltd Fully Paid Ord. Shrs (NSE:THOMASCOOK) stock witnessed spike of 3593% in the traded volume. THOMASCOOK delivered 20% price gains during the week. The stock rose to Rs 31.55 from Rs 26.4. Linde India Ltd (NSE: LINDEINDIA) was the second most share with volume gains. LINDEINIDA stock spiked 1994% during past five days. The stock delivered 7% price gains rising from Rs 824 to Rs 888.
Indian Overseas Bank (NSE:IOB) witnessed 1889% spike in the traded volume. IOB stock gained a meager 2% during the week. IOB stock rose to Rs 454 from 446. Adani Power Ltd (NSE: ADANIPOWER) witnessed 1627% spike in traded volumes of its share. ADANIPOWER delivered 4% price gains during the week.
Dredging Corporation of India (NSE: DREDGECORP) also witnessed during 1620% past week. DREDGECORP stock price gained 7% during the week. It rose to Rs 252 from Rs 236. TV Today Network (NSE: TVTODAY) witnessed 1489% spike in the traded volume. TVTODAY stock rose 4% during the week. Dalmia Bharat (NSE:DALBHARAT) was another share that gained 4% in stock prices during the week.
E.I.D-Parry (India) Ltd (NSE: EIDPARRY) was the only fertilizer stock in the list. EIDPARRY stock price gained 5% during the week. Its stock price rose to Rs 284 from Rs 270. Mercator Ltd (NSE: MERCATOR) was another stock with 800% spike in its traded volume. MERCATOR stock price rose 6% during the week, from Rs 0.85 to Rs0.90. EIH Limited (NSE:EIHOTEL) stock price rose by a just 1% despite 792% spike in the traded volume.