Trading volume in Max Financial Services shares jumped 9.8 times to 59 lakh shares, compared with an average volume of 5.99 lakh shares on the National Stock Exchange. The private‑sector life‑insurance company’s shares fell as much as 12.57% to an intraday low of ₹1,360, echoing losses in other insurers after the Insurance Regulatory and Development Authority of India proposed changes aimed at banning dark patterns, rationalising distribution costs and recalibrating commission structures. The proposals triggered a sharp sell‑off in insurance distribution platforms such as PB Fintech and Turtlemint, while the impact on insurers is expected to vary depending on their existing cost structures and distribution mix.

Vardhman Textiles shares advanced 6% to an intraday high of ₹596.20 amid a spike in trading activity. Trading volume jumped 7.9 times to 17.13 lakh shares, compared with an average volume of 2.16 lakh shares on the NSE. A total of 72,000 shares changed hands on the BSE, compared with its two‑week average of 13,000 shares. The textile maker’s rise followed broader market losses as the SENSEX dropped as much as 881 points and the NIFTY50 touched an intraday low of 23,164, reflecting broad‑based selling pressure.

Caplin Point shares advanced as much as 7.14% to hit a fresh 52‑week high of ₹2,990.60 amid a spike in volumes. Trading volume jumped 6.9 times to 8.94 lakh shares, compared with an average volume of 1.3 lakh shares on the NSE. As many as 51,000 shares changed hands on the BSE, compared with an average of 11,000 shares traded daily in the past two weeks. The pharmaceutical company’s rally came as market sentiment was shaken by crude oil moving back above $100 per barrel and U.S. 10‑year bond yields touching 5.14%, the highest since 2007.

Canara HSBC Life Insurance shares dropped 11% to an intraday low of ₹135, mirroring losses in other insurance companies. Trading volume on the NSE jumped 6.2 times to 33 lakh shares, compared with an average volume of 5.37 lakh shares. A total of 18.63 lakh shares changed hands on the BSE, as against an average of 1.55 lakh shares traded daily in the past two weeks. The decline followed the same regulatory backdrop that affected Max Financial Services and other insurers.

L&T Finance shares fell 8% to ₹279 amid spinning volumes. Trading volume on the NSE jumped 5.9 times to 2.26 crore shares, compared with an average volume of 38.53 lakh shares. The non‑banking finance company’s decline came as the broader market suffered losses, with the SENSEX dropping as much as 881 points and the NIFTY50 touching an intraday low of 23,164. The sell‑off was driven by investor sentiment shaken after crude oil moved back above $100 per barrel and U.S. 10‑year bond yields reached 5.14%, the highest since 2007.