The stocks that fall by more than 20 per cent and trade lower  for a long time are considered to be in the bear markets. 

Even though the broader markets unperformed, the stock-specific action continued on D-Street as many of the penny stocks continued gaining transaction. In this segment of ours, we have come up with a list of stocks that have seen more than 100 per cent gain in the volume as compared to its prior trading session.

Some of the low priced stocks were in action mode and gained by a huge margin on Monday. 

On Monday the BSE SmallCap Index closed in the red with the advance decline ratio being in the favour of the declines. While the broader markets underperformed, several penny stocks were seen outperforming the markets and gaining with a spurt in volume. 

Nippon Life India Asset Management, the asset manager of Nippon India Mutual Fund, successfully completed the NFO of Nippon India Flexi-Cap Fund.  

Despite underperformance by the broader indices, stock-specific action was witnessed in the markets. Hence, it’s important for traders and investors to keep a close watch on stocks that exhibit strong strength.   

The BSE SmallCap index managed to close in the red on Monday, continuing its underperformance from past week.  

In Monday's trading session, the domestic benchmark indices ended on a flat note with Sensex gaining 0.26 per cent whereas Nifty rising 0.21 per cent. The metal sector was in the limelight while the telecom sector faced selling pressure.  

The metal stocks have been shining recently, driven by a broad-based buying on strong demand and revival in consumption hopes. The major quarterly earnings have given a further boost to the metal index. Meanwhile, BSE Metal Index gained 2.34 per cent today.  

Sundaram Mutual on Independence Day, August 15, 2021, launched a new facility, to aid its distribution partners in executing MF transactions for investors.