51 Lakh Shares Of Muthoot Finance Traded On Friday; Saregama India Posted 3rd Straight Day Of Gains

Added: 2026-05-24

[00:00:10]Welcome back. You're tuned in to Bazaar Morning Call. Well, we're bracing for a bit of a soft start. Crude oil prices are elevated. Bond yields as well as spiked up and the dollar index is stronger. Not a great combination for Indian markets, but let's see how that goes. For the time being, let's hop across to Hormuz. He's joining us to tell us some of those big movers on Friday and some of them that were backed by delivery. Hormuz, morning. Morning, Nigel. And earnings reactions have been the ones that have been on the extreme all through last week. And Muthoot Finance was one such name among the top F&O losers on Friday. The stock was down almost 6 and 1/2%. It was the biggest single-day fall and volumes for the stock in the last 3 months. And in fact, the stock has been underperforming. It's down in four out of the last six trading sessions. And yeah, on Friday, we had over 50 lakh shares that were traded.

[00:00:52]That is eight times its 20-day average.

[00:00:55]And 40% of those shares are marked for delivery. So, even on the delivery front, the total delivery volumes of 20 lakh shares, which is almost seven times its 20-day average as well. It was among the most traded Nifty 500 stocks on Friday and down almost 20% from its 52-week high, which is well over 4,000 rupees. Now, Saregama has been one name that has been continuing to surge higher after its results that were reported last week. The stock is up almost 25% in the last two sessions. In fact, Friday's volumes were double that of Thursday.

[00:01:22]The stock had seen double-digit gains on Thursday and followed that up with a 8% up move on Friday as well, but the volumes on Friday were double. Close to 10 crore shares were traded, the highest on record. The 20-day average is only 22 and 1/2 lakh shares. Only 3 and 1/2% of those were marked for delivery, of course, because of the largely a large elevated volumes as well. So, 33 lakh shares for delivery. The 20-day average is only 2 and 1/2 lakh shares. In fact, it was the most traded stock on the Nifty 500 on Friday. And the turnover of over 4,000 crore rupees was well above its a free float market cap as well for a Saregama. And lastly, a Welspun Living, uh similar to Muthoot but it on the positive side gaining the most and volumes in the last 3 months.

[00:02:03]Positive reaction to its results over a crore shares were traded 5 x its 20-day average. A third of those were marked for delivery. So, 33 and 1/2 lakh shares traded. Here too, almost 5 x of the delivery volumes as well on the 20-day average front. And the stock has been up almost 12 13% in the last 1 month as a result of which it has turned positive on a year-to-date basis as well.

[00:02:25]Okay, all right. Thanks a lot for that, Hermes.