March 13, 2026 – Indian equity benchmarks traded in a volatile range on Thursday, with the Nifty 50 recovering modestly above 23,800 levels and the Sensex adding around 400 points near 79,400 in intraday action, aided by selective defensive buying in FMCG and telecom. Persistent FII selling pressure continued, however, with outflows of over ₹900 crore overnight, triggering broad-based weakness in mid- and small-cap segments amid rotation out of high-valuation themes.
Over 100 stocks across small- and mid-cap universe triggered lower circuit limits, reflecting intensified selling in packaging, engineering, infra and specialty chemicals names on elevated volumes.
Top stocks hitting lower circuits (sorted by traded value):
| Symbol | Series | LTP | %chng | Volume (Lakhs) | Value (₹ Cr) |
|---|---|---|---|---|---|
| JINDALPOLY | EQ | 933.55 | -0.61 | 9.50 | 88.16 |
| ELLEN | EQ | 195.35 | -10.00 | 20.73 | 40.98 |
| STALLION | EQ | 109.40 | -4.80 | 20.62 | 22.90 |
| AXISCADES | EQ | 1316.00 | -5.00 | 1.32 | 17.74 |
| SCHNEIDER | BE | 875.10 | -3.56 | 1.44 | 12.68 |
| RELINFRA | BE | 85.40 | -4.99 | 13.73 | 12.03 |
| MOS | SM | 13.50 | -19.88 | 50.84 | 7.03 |
| VENUSREM | EQ | 901.45 | -2.81 | 0.75 | 6.78 |
| TAKE | BE | 41.55 | -0.38 | 15.30 | 6.38 |
| GVPIL | BE | 442.95 | -4.86 | 0.84 | 3.78 |
| IZMO | BE | 700.00 | -4.66 | 0.37 | 2.62 |
| OSIAHYPER | EQ | 6.40 | -4.33 | 37.84 | 2.42 |
| SIGMAADV | EQ | 144.99 | -5.00 | 1.42 | 2.11 |
Key highlights:
- JINDALPOLY locked its 5% lower circuit at ₹933.55 on blockbuster turnover of ₹88.16 crore with 9.50 lakh shares traded, signalling continued pressure in the flexible packaging space amid input cost volatility and export order delays.
- ELLEN plunged to a 10% lower band at ₹195.35, registering ₹40.98 crore in value on 20.73 lakh shares, as aggressive selling hit the counter post recent run-up.
- AXISCADES hit its 5% floor at ₹1,316 with ₹17.74 crore turnover, reflecting weakness in engineering services amid client capex deferrals and global aerospace slowdown signals.
- RELINFRA and MOS also triggered circuits (5% and 20% bands respectively) on heavy volumes, underscoring broader infra and small-cap fragility.
