Most Active Indian Stocks Today (10 December 2025): Vodafone Idea, Yes Bank, Suzlon Lead Heavy Trade on NSE

Mumbai | 10 December 2025, mid-session

Indian stock markets are treading water today, but trading activity under the surface is intense in a handful of high‑beta names.

Around midday, the BSE Sensex is hovering near 84,645, almost unchanged, while the Nifty 50 is flat around 25,839. Broader indices are weaker, with the Nifty Midcap and Nifty Smallcap slipping roughly 0.4% and 0.2% respectively, even as metal, auto and realty stocks show relative strength and PSU banks drag. ^[1]

This follows a bruising couple of sessions: on 8 December, the market logged its worst day in over two months as the Sensex fell to about 85,103 and Nifty to 25,961, with foreign portfolio investors selling over $1 billion so far this month and the rupee hovering near ₹90.4 per dollar. Analysts now see Nifty support around 25,730 and resistance near 26,000–26,100, keeping volatility elevated ahead of the US Fed meeting. ^[2]

Against that macro backdrop, traders have flocked to a cluster of liquid, speculative favourites. As per NSE volume data compiled by ET Money at around 12:44 PM IST, the top five most active stocks by volume on the NSE today are: ^[3]

Vodafone Idea Ltd (IDEA)
Yes Bank Ltd
Suzlon Energy Ltd
Reliance Power Ltd
Tata Teleservices (Maharashtra) Ltd (TTML)

All five sit in the Nifty 500, and together they account for hundreds of millions of shares changing hands today, making them the epicentre of intraday action on Dalal Street.

Market snapshot: flat indices, nervous undertone

While headline indices appear calm, today’s tape still carries the scars of this week’s selloff:

Monday’s decline saw all 16 major sectors in the red, with midcaps and smallcaps underperforming and India VIX jumping about 7%, signalling rising fear. ^[4]
Yesterday, both Sensex (84,666) and Nifty (25,839) fell for a second straight session as investors stayed cautious ahead of the US Fed rate decision and a still‑uncertain India–US trade deal. ^[5]

Today’s flat close‑to‑unchanged indices mask continued risk‑off behaviour in broader stocks, even as traders pile into a few liquid stories where short‑term catalysts or technical levels are in play.

Top 5 most active stocks on NSE today (by volume)

1. Vodafone Idea: Volume king, riding tariff and ARPU optimism

Why it’s in focus

Volume: Over 45 crore shares have traded in Vodafone Idea so far, making it the single most active stock by volume on the NSE today. ^[6]
Price action: The stock is hovering around ₹10.7, only a few paise below its 52‑week high near ₹11.1, after a strong two‑day rally of around 8% highlighted in Business Standard’s live market blog. ^[7]

Intraday analytics from MarketsMojo show Vodafone Idea clocking well over 20 crore shares in combined BSE+NSE turnover by late morning, with price momentum still positive. ^[8]

What’s driving trade

Sector thesis: Analysts at JM Financial expect 12% CAGR ARPU growth for telcos between FY25–FY28, helped by a consolidated “3+1 player” market structure (Jio, Airtel, Vodafone Idea plus BSNL) and Jio’s need to lift tariffs to justify heavy 5G capex ahead of its planned IPO. ^[9]
Turnaround hopes: For Vodafone Idea, any tariff‑led ARPU uplift is crucial for servicing its large debt pile, funding 5G rollout and improving cash flows.

How the market is reading it

Today’s volume suggests intense speculative interest, especially with the stock flirting with its 52‑week high. But technical scanners also point out that deliverable volume is lagging headline traded volume, a classic signal that short‑term traders may be dominating over long‑term investors. ^[10]

Takeaway: Vodafone Idea is clearly the go‑to trading vehicle of the day in India’s telecom space. For investors, though, the story still hinges on successful fund‑raising, tariff hikes and debt reduction, all of which carry execution risk.

2. Yes Bank: High volumes ahead of Bank Nifty inclusion

Why it’s in focus

Volume: Nearly 3.5 crore shares are changing hands on the NSE today, putting Yes Bank firmly in the top five most‑traded names by volume. ^[11]
Price level: Mint data shows the stock oscillating around ₹22, with a market cap of roughly ₹68,500 crore and a 52‑week range of ₹16–24.3. ^[12]

MarketsMojo flags elevated volumes in Yes Bank almost every trading day in December, with multiple sessions above 1–1.5 crore shares even when prices have drifted lower, suggesting heavy churn. ^[13]

Fundamental and index catalysts

Index upgrade: The stock is set to be included in the Bank Nifty index from 31 December 2025, a key trigger that tends to attract passive flows from index funds and ETFs as well as pre‑positioning by traders. ^[14]
Earnings repair: In Q2 FY26, Yes Bank reported PAT of about ₹654 crore, up ~18% YoY, with stable net interest margins and healthy deposit growth. However, several brokerages still keep a “Sell” or “Strong Sell” stance, citing valuation and asset‑quality concerns even as they tweak target prices upward. ^[15]

What today’s volume suggests

MarketsMojo’s technical commentary notes that while Yes Bank has outperformed the private‑banking index marginally on certain days, falling delivery volumes alongside rising traded volumes may indicate a distribution phase, where stock is actively traded but not necessarily absorbed by long‑term holders. ^[16]

Takeaway: Yes Bank remains a high‑beta banking play where index‑inclusion flows and turnaround hopes collide with lingering scepticism on fundamentals. Today’s volume looks like a mix of front‑running Bank Nifty flows and short‑term trading, not just outright long‑term buying.

3. Suzlon Energy: Heavy trade as brokerages turn bullish on wind cycle

Why it’s in focus

Volume: Suzlon has seen over 3.3 crore shares traded, placing it among the busiest counters on NSE. ^[17]
Price action: The stock is around ₹52, down about 2–3% intraday and roughly 29% below its May 2025 peak of ₹74.3, despite being up about 8% for the calendar year. ^[18]

Fresh research calls

A detailed note from Nuvama Institutional Equities, published yesterday, upgraded Suzlon from ‘Hold’ to ‘Buy’ while trimming the target price from ₹66 to ₹60, arguing that the recent correction has opened up a more attractive entry point in a structurally improving wind‑power cycle. ^[19]

Key points from that and other broker commentary:

India’s annual wind additions are projected to lift from roughly 6 GW in FY26 to 8–9 GW in FY27 and around 10 GW in FY28, supported by policy tailwinds. ^[20]
Suzlon is targeting 2 GW of order inflow in H2 FY26 and ultimately aims to fully utilise its 4.5 GW manufacturing capacity by FY29–30, helped by export demand and data‑centre‑led power needs. ^[21]
Multiple brokerages (including Anand Rathi, ICICI Securities and Motilal Oswal) have buy‑oriented targets in the ₹74–82 range, signalling Street optimism despite near‑term volatility. ^[22]

Technical backdrop

MarketsMojo notes that Suzlon’s delivery volume has dipped even as traded volume spiked, and the stock trades below most of its key moving averages with momentum indicators hovering near oversold territory. The platform advises a balanced view, acknowledging volume‑driven interest but highlighting that price remains sensitive to changing sentiment. ^[23]

Takeaway: Suzlon’s presence on the most‑active list reflects renewed interest in India’s wind‑power story, but with the stock still digesting a sharp correction, the market is actively debating whether this is early accumulation or just tactical trading around broker upgrades.

4. Reliance Power: Speculation in a highly leveraged power name

Why it’s in focus

Volume: Reliance Power has logged over 3.1 crore shares in volume, putting it right behind Suzlon in today’s activity ranks. ^[24]
Price: ET Money data shows the stock near ₹34–36, well below its 52‑week high above ₹76, underlining just how volatile the counter has been over the past year. ^[25]

A MarketsMojo note from today highlights traded volume north of 1 crore shares for Reliance Power, even as the stock trades below key moving averages. The report points out that the stock has eked out modest gains over the last couple of sessions, creating a somewhat mixed picture of sentiment. ^[26]

Livemint’s live quote page similarly flags sharp intraday swings, with the stock moving between mild gains and losses around the ₹35–36 zone. ^[27]

Takeaway: Reliance Power’s appearance near the top of the most‑active list is less about fresh fundamental news and more about its status as a high‑beta, low‑priced trading favourite. With legacy debt issues and patchy earnings, much of today’s activity likely reflects short‑term positioning rather than long‑horizon investing.

5. Tata Teleservices (Maharashtra): High volume on a red day for small‑cap telecom

Why it’s in focus

Volume: TTML has seen close to 2.9 crore shares change hands, cementing its place among the top five by volume on NSE. ^[28]
Price: The stock is trading around ₹51–52, down about 4–5% intraday, after already sliding more than 27% over the last six months, even though it remains above its recent 52‑week low near ₹44.6 and well below last year’s record high around ₹88.9. ^[29]

A Business Standard update early today noted that TTML fell 4.2% to ₹51.55, even as the BSE Telecommunication index slipped only about 0.3%. Over the past month, the stock has underperformed its sector, losing over 4% versus modest gains in the telecom index and the Sensex. ^[30]

Economics Times data further show negative earnings (losses over multiple quarters) and a negative book value, with the stock still trading at a rich market‑cap‑to‑sales multiple, underscoring its speculative nature. ^[31]

Takeaway: TTML’s heavy volume today looks like a blend of profit‑taking and fresh speculative bets after a prolonged slide. With fundamentals still weak and volatility high, it’s a classic momentum and swing‑trading counter rather than a core holding for conservative investors.

Other actively traded names: PSU banks, metals, infra and IPO plays

Beyond the top five, today’s high‑volume list is a cross‑section of everything Dalal Street is obsessed with right now. ET Money’s live screen of most active stocks by volume features: ^[32]

New‑age and IPO names:
- Ola Electric Mobility, still digesting its listing and early volatility.
- Meesho, which debuted today at a hefty premium, drawing strong interest from both traders and long‑only funds. ^[33]
Leverage and turnaround plays:
- Jaiprakash Power Ventures and HFCL, long‑favoured by retail traders for their low absolute price and high beta.
Financials and PSU banks:
- Canara Bank and Bank of India, which remain under the spotlight as PSU banks wobble amid the recent correction and NPA‑cycle debates. ^[34]
Commodities and infra:
- Tata Steel, Vedanta and Hindustan Zinc are actively traded, supported by the day’s strength in the Nifty Metal index.
- IRB Infrastructure and MMTC are also buzzing as infra and trade‑linked themes stay in focus. ^[35]

Corporate‑news‑driven moves are also prominent:

Sammaan Capital is up sharply after India’s competition regulator approved a controlling stake acquisition by Avenir Investment, triggering a 9% intraday jump and lifting turnover. ^[36]
Highway Infrastructure has rallied double digits intraday after winning a ₹329‑crore contract from NHAI, putting it squarely on “buzzing stocks” lists. ^[37]

Together, this pattern underscores that volume today is clustering around event‑driven stories, speculative small‑caps and index‑heavyweights reacting to macro cues.

What today’s most active list tells us about market sentiment

A few clear themes emerge from the action in India’s most active stocks today:

Risk‑on retail behaviour in select pockets
- Names like Vodafone Idea, TTML, Reliance Power and Suzlon are classic high‑beta, low‑denomination favourites for retail and intraday traders.
- Elevated volumes relative to long‑term averages, combined with only modest price advances or even declines, suggest heavy two‑way trade rather than one‑sided accumulation. ^[38]
Macro anxiety meets stock‑specific stories
- Broader indices are still digesting FII outflows, a weak rupee, higher crude and Fed uncertainty, all of which weighed heavily on Monday’s selloff. ^[39]
- At the same time, stock‑specific catalysts — such as Suzlon’s broker upgrade, Yes Bank’s Bank Nifty inclusion and telecom ARPU re‑rating — are drawing capital into these individual names even as the wider market stays cautious. ^[40]
Midcap stress and selective bargain hunting
- Articles highlighting fundamentally strong midcaps down 30–50% from their highs are gaining traction, reflecting a belief that the recent correction may be throwing up opportunities, even as indices remain weak. ^[41]
- However, as technical commentators repeatedly point out, falling delivery volumes in many of today’s most active midcaps indicate that short‑term trading still dominates over long‑term buying.
Technical levels matter right now
- With Nifty repeatedly flirting with 26,000, analysts warn that a decisive break below recent support near 25,730 could invite another round of selling, while a close back above 26,000–26,100 would ease immediate downside fears. ^[42]

In short, sentiment is choppy: the market is not in full risk‑off mode, but traders are being highly selective and gravitating to names that offer either clear narratives or sheer trading liquidity.

How investors can use “most active stocks today” data

Seeing your watchlist names at the top of the “most active stocks by volume” screen can be exciting — but high volume is a signal, not a recommendation. Some practical ways to use it:

Separate volume from conviction
- Check whether today’s surge is accompanied by strong price follow‑through or if the stock is simply churning in a range. The latter often indicates short‑term speculation rather than fresh institutional buying.
Look at delivery data and trend context
- High traded volume with low delivery percentage can point to a trader‑dominated move (as we’re seeing in several of today’s top names).
- Compare today’s volume with 20‑day or 6‑month averages to gauge how unusual the activity really is. ^[43]
Anchor decisions in fundamentals and risk
- Stocks like Vodafone Idea, Reliance Power and TTML are heavily traded but still carry high leverage, negative or weak earnings, and binary event risk. ^[44]
- In contrast, Suzlon and Yes Bank at least have clear earnings and sector narratives (renewable energy growth, banking clean‑up, index inclusion) even if the Street remains divided on valuation.
Be clear about your time‑horizon
- Intraday or swing traders can use today’s most‑active list to find liquid instruments for short‑term strategies.
- Long‑term investors are usually better off treating it as a watchlist of stories to research, not an automatic buy screen.