Nuvama Wealth Management Sees Surge in Trading Activity and Investor Participation

Nuvama Wealth Management Ltd, a prominent player in the capital markets sector, has shown significant trading activity today. The stock, trading under the symbol NUVAMA, recorded a total traded volume of 263,831 shares, with a total traded value of approximately Rs 19.58 crores. The stock opened at Rs 7,251 and reached an intraday high of Rs 7,565, reflecting a notable increase of 4.19% from the previous close of Rs 7,261. The day’s low was recorded at Rs 7,135.
In terms of performance, Nuvama has outperformed its sector by 3.29%, while the broader market, represented by the Sensex, saw a slight decline of 0.04%. The stock's one-day return stands at 3.85%, indicating a robust performance relative to its peers. Additionally, the weighted average price suggests that more volume was traded closer to the lower price point of the day.

Investor participation has also surged, with delivery volume on July 4 rising by 418.71% compared to the five-day average. Nuvama's liquidity remains strong, with a trade size of Rs 4.71 crores based on 2% of the five-day average traded value. Overall, Nuvama Wealth Management Ltd continues to demonstrate solid market activity and performance metrics.