Trending Stocks Today: Vodafone Idea, Groww, and Yes Bank Slide As HFCL And Tata Silver ETF Gain

Mumbai, May 12:Tuesday’s session saw heightened trading across diverse counters as Vodafone Idea, Groww, HFCL, Yes Bank, and Tata Mutual Fund Tata Silver Exchange Traded Fund emerged as the most traded stocks by volume on NSE. Theirsharp divergent movements reflected a combination of profit-booking, block-deal overhang, sectoral weakness, and safe-haven buying amid volatile global cues. To be sure, the markets are crashing all around them as rising oil prices bite stocks. Against this backdrop, some survived the tide and emerged stronger while others mentioned below got swept away.

Here’s a closer look:

Vodafone Idea (down 3.28%)

The stock saw profit-booking after yesterday’s rally, when it witnessed a three-month high following a Bloomberg report that Vodafone Group is considering options to transfer part of its 19% stake in Vodafone Idea to the Indian arm. The said move is aimedat strengthening Vodafone Idea’s capital position after the government reduced its outstanding spectrum dues.

The telecom operator has been working to stabilise its operations amid intense industry competition and high debt, focusing on reducing near-term liabilities. The development initially boosted the stock but traders bookedprofits as broader marketswent into a tailspin.

Groww (down 3.61%)

Shares came under pressure after reports suggested that a block deal in the stock had been upsized to around Rs 5,700 crore from Rs 4,750 crore, triggering concerns of large-scale supply in the counter. The possibility of an expanded transaction appears to have weighed on sentiment, with traders reacting to the overhang of institutional selling.

The stock saw heightened volumes during the session as investors positioned themselves around the development. While the long-term growth narrative around digital broking remains intact, near-term sentiment has turned cautious due to the scale and pricing implications of the reported block deal.

Large secondary transactions often lead to short-term price pressure, particularly when the deal size is significant relative to average daily volumes. As a result, Groww remained actively traded, reflecting both speculative interest and portfolio adjustments by institutional investors.

Tata Mutual Fund Tata Silver Exchange Traded Fund (up 4.94%)

Shares rose, tracking a firm uptrend in silver prices as investors turned to precious metals amid global uncertainty and volatile risk sentiment. The gains come as demand for safe-haven assets remains supported by geopolitical tensions and fluctuating macroeconomic cues, which have kept interest in gold and silver ETFs elevated.

Precious metals typically attract flows during periods of market volatility, and the recent uptick suggests investors are positioning defensively while tracking developments in global growth, inflation trends, and currency movements.

The move highlights continued interest in commodity-linked instruments as portfolio diversifiers, particularly in an environment where equity markets have been uneven and global cues remain mixed.

Yes Bank (down 1.41%)

Shares of the lender declined in tandem with the Nifty Private Bank index amid broader market weakness as rising crude oil prices added stoked concerns that higher energy costs could feed into inflation and complicate the monetary policy outlook, thereby raising the cost of funds for financial players including Yes Bank.

With global oil trends staying elevated amid geopolitical tensions, investors worry that sustained price gains may lift input costs and imported inflation, potentially influencing interest rate expectations. The cautious macro backdrop prompted sell-offamong private banks, as traders reassessed near-term risk appetite.

HFCL (up 1.99%)

Shares of the telecom equipment maker, which had slipped after a strong rally, are back in focus as the stock emerged among the most actively traded counters by volume in today’s session. The renewed interest comes after a period of sharp gains driven by robust quarterly performance, improving profitability, and fresh order inflows.

The rally was supported by upbeat earnings momentum and contract wins. Earlier this month, the company, along with its subsidiary HTL Ltd, had secured orders worth around ₹84 crore from a leading private telecom operator for the supply of optical fibre cables.

Sentiment was further lifted after the company delivered a significant turnaround in its fourth-quarter results. It reported a consolidated net profit of ₹178.5 crore in Q4FY26, compared with a loss in the corresponding period last year, while revenue more than doubled year-on-year to ₹1,824 crore.

Source:

• NSE