Mumbai, February 13, 2026 – Indian benchmarks deepened their February slide on Thursday, with Nifty tumbling 0.8% to 25,300 and Sensex shedding 0.9% to 82,700, battered by persistent FII selling (₹3,000 Cr net out) and pre-earnings caution in consumer and infra sectors. At least 30 scrips hit lower price bands (mostly 5-10%), halting trades amid margin calls and global yield pressures. This extends the month's volatility, wiping ₹20 Cr in value from leaders like Flysbs (down 3.45% to ₹523.20 on SME slowdown), Jpassociat (locked 3.69% at ₹3.39 amid infra woes), and Airan (down 9.96% to ₹19.17 on tech margin squeeze).
The rout underscores broader risk-off sentiment, with SMEs and BE series hardest hit on thin liquidity. Volumes contracted 18%, but sellers dominated 3:1. Analysts flag Q3 previews as key—potential relief if IT/pharma deliver.
Top Lower Band Hitters (Sorted by Traded Value)
Snapshot of the biggest losers by value, from BSE/NSE:
| Rank | Stock Name | Series | LTP (₹) | % Decline (Band) | Volume (Lakh Shares) | Traded Value (₹ Cr) |
|---|---|---|---|---|---|---|
| 1 | Flysbs | SM | 523.20 | -3.45 | 0.45 | 2.32 |
| 2 | Jpassociat | BE | 3.39 | -3.69 | 45.66 | 1.54 |
| 3 | Airan | EQ | 19.17 | -9.96 (10%) | 5.01 | 0.97 |
| 4 | Ganeshin | SM | 98.60 | -4.96 | 0.82 | 0.80 |
| 5 | Techlabs | SM | 182.75 | -3.05 | 0.39 | 0.69 |
| 6 | Dharan | BZ | 0.18 | 0.00 | 396.37 | 0.67 |
| 7 | Iware | ST | 247.00 | -4.98 | 0.21 | 0.52 |
| 8 | Kandarp | SM | 149.60 | -4.99 | 0.16 | 0.24 |
| 9 | Zenithstl | EQ | 4.60 | -4.96 | 5.12 | 0.24 |
| 10 | Tphq | EQ | 0.59 | -1.67 | 21.06 | 0.12 |
| 11 | Captrust | EQ | 15.33 | -4.96 | 0.63 | 0.10 |
| 12 | Vcl | BE | 2.02 | -3.81 | 2.87 | 0.06 |
| 13 | Divyadhan | SM | 22.00 | -2.65 | 0.26 | 0.05 |
Key Highlights:
- Flysbs's SME Ebb: Down 3.45% to ₹523.20 on order delays, shedding ₹2.32 Cr; volumes steady.
- Jpassociat's Infra Pain: Locked -3.69% at ₹3.39 amid funding crunch, losing ₹1.54 Cr—small-cap highlight.
- Airan's Tech Tumble: Slid 9.96% to ₹19.17, wiping ₹0.97 Cr on export fears.
- SME Strain: Ganeshin (-4.96%) and Techlabs (-3.05%) led small-cap hits on leverage unwind and Q3 uncertainty.
Value seekers may nibble at RSI <30 levels, but downside risks loom if U.S. data disappoints. Nifty eyes 25,200 support—watch chemical earnings for cues. BSE/NSE data; halts in effect.
