Indian equity markets witnessed selective but intense selling pressure in several smaller stocks on 7th April 2026. While Nifty T20 losers showed moderate weakness in frontline names, the lower circuit (Lower Band) list highlighted sharp downside moves in micro and small-cap counters, with many stocks hitting their price bands amid low to moderate volumes.
Nifty, Nifty Midcap 100, Nifty Smallcap 100, and India VIX reflected a cautious trading environment as broader markets navigated mixed sentiment following the previous session's moves.
The session saw multiple stocks locked in lower circuits or trading near their lower price bands, led by media and entertainment name RAJTV, which plunged nearly 20% to close at ₹22.92. This was followed by AMIRCHAND hitting a 10% lower circuit and several other stocks touching 5% bands.
Key Highlights
- RAJTV led the lower band hits with a steep -19.97% move, closing at ₹22.92 on a value of ₹3.21 crore and volume of 13.41 lakh shares.
- AMIRCHAND declined 10.00% to ₹145.80, registering a turnover of ₹1.14 crore.
- FALTECH-RE saw an extreme move of -39.22% to ₹1.55, though on very low value.
- Other notable names like PRIZOR, RNBDENIMS, DHARIWAL, and PREMIERPOL traded near or at their 5% lower bands.
Stocks on Lower Band / Near Lower Circuits on 7th April 2026
| Symbol | LTP | % Chng | Value (₹ Cr) | Volume (Lakhs) |
|---|---|---|---|---|
| RAJTV | 22.92 | -19.97 | 3.21 | 13.41 |
| AMIRCHAND | 145.80 | -10.00 | 1.14 | 0.78 |
| FALTECH-RE | 1.55 | -39.22 | 0.00 | 0.10 |
| PRIZOR | 392.65 | -5.00 | 0.79 | 0.20 |
| RNBDENIMS | 19.30 | -4.97 | 0.74 | 3.84 |
| DHARIWAL | 37.40 | -4.96 | 0.49 | 1.32 |
| PREMIERPOL | 55.84 | -4.95 | 0.37 | 0.65 |
| TGL | 27.55 | -4.84 | 0.07 | 0.24 |
| AQYLON | 41.32 | -4.99 | 0.06 | 0.14 |
| GJL | 176.75 | -5.00 | 0.03 | 0.02 |
| WALPAR | 41.10 | -4.97 | 0.01 | 0.02 |
These moves in the lower band stocks come alongside the Nifty T20 losers, where names like ADANIENT, INDIGO, and DRREDDY led the broader index weakness with declines of over 1%.
Looking ahead, Nifty is likely to consolidate with support at 22,500–22,700 and resistance at 23,000–23,100.
