Parag Milk Foods, Adani Total Gas, Netweb Tech among stocks that are witnessing spurt in volumes today

The Indian stock market was trading higher on Monday, May 5, during the intraday period amid sustained foreign fund inflows, a sharp drop in crude oil prices and positive global cues boosting sentiment.

At 2:30 PM, the S&P BSE SENSEX was trading at the 80,791.71 level, rising 289.72 points, or 0.36%, while the NSE's NIFTY50 index gained 110.25 points, or 0.45%, to 24,456.95.

On the NIFTY50 index, Adani Enterprises, Adani Ports, Trent, Shriram Finance and Bajaj Finserv were the top contributors during the day, surging as much as 6.68%.

Kotak Mahindra Bank, ONGC, JSW Steel, State Bank of India and Dr Reddy’s were the top losing stocks, declining as much as 4.54%.

Among the high-volume buzzers, counters of Mirae Asset Mutual Fund, Consolidated Finvest & Holding, Parag Milk Foods, Adani Total Gas and Netweb Technologies India topped the charts.

A volume in the stock volume is the number of shares traded in a specific period. A spurt in volume means the stock is witnessing a lot of interest or activity happening around the equity market.

Mirae Asset Mutual Fund—Mirae Asset Nifty PSU Bank ETF’s counter witnessed the highest spurt in trading volumes. According to the National Stock Exchange data, the number of Mirae Asset Mutual Fund shares that changed hands on Monday was already over 77.82 times higher than the daily average on the stock counter.  

Counter of Consolidated Finvest & Holding saw 39.29 times higher trading volume than the daily average.

Further, counters of Parag Milk Foods, Adani Total Gas and Netweb Technologies India were higher by 23.71, 22.79 and 22.59 times than the daily average.

Shares of Adani Total Gas were trading at ₹667.30 apiece, jumping over 11.26% after its net sales rose 15% to ₹1,341.26 crore in March 2025 from ₹1,166.95 crore in March 2024.

However, its quarterly net profit declined 8% to ₹154.59 crore in the quarter under review from ₹167.96 crore in Q4 FY24.

Volumes at the Axis Mutual Fund counter were 19.58 times higher than the daily average; however, the Finolex Cables counter witnessed 18.48 times higher volume than the daily average.

Again, counters of Utkarsh Small Finance Bank and Jullundur Motor Agency (Delhi) marked 18.25 and 17.08 times higher volume than the daily average, respectively. Volumes at Dhunseri Investments counters were 15.87 times higher than the daily average.