Mumbai, February 09, 2026 – Indian benchmarks deepened their February slide on Monday, 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%), halting trades amid margin calls and global yield pressures. This extends the month's volatility, wiping ₹45 Cr in value from leaders like Relinfra (down 1.30% to ₹118.55 on infra slowdown), Swandef (locked 4.83% at ₹1,706.50 on defense woes), and Venusrem (down 1.56% to ₹723.00 amid remedy demand dip).
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 | Relinfra | BE | 118.55 | -1.30 | 22.05 | 25.48 |
| 2 | Swandef | BE | 1706.50 | -4.83 | 0.17 | 2.98 |
| 3 | Venusrem | BE | 723.00 | -1.56 | 0.32 | 2.30 |
| 4 | Jpassociat | BE | 3.20 | -3.61 | 58.60 | 1.88 |
| 5 | Esconet | SM | 112.95 | -4.96 (10%) | 1.24 | 1.37 |
| 6 | Manakaluco | BE | 30.21 | -4.97 | 3.60 | 1.10 |
| 7 | Kdl | ST | 135.45 | -4.98 | 0.75 | 1.02 |
| 8 | Techlabs | SM | 192.45 | -4.99 | 0.45 | 0.87 |
| 9 | Bestagro | BE | 21.05 | -4.10 | 2.73 | 0.57 |
| 10 | Dharan | BZ | 0.19 | -5.00 | 261.57 | 0.50 |
| 11 | Victoryev | ST | 21.85 | -5.00 | 2.13 | 0.47 |
| 12 | Kandarp | SM | 149.60 | -4.99 | 0.16 | 0.24 |
| 13 | Zenithstl | EQ | 4.60 | -4.96 | 5.12 | 0.24 |
Key Highlights:
- Relinfra's Infra Ebb: Down 1.30% to ₹118.55 on project delays, shedding ₹25.48 Cr; volumes surged 5x.
- Swandef's Defense Dip: Locked -4.83% at ₹1,706.50 amid order uncertainties, losing ₹2.98 Cr.
- Venusrem's Remedy Rut: Slid 1.56% to ₹723.00 on weak demand, wiping ₹2.30 Cr.
- SME Strain: Esconet (-4.96%) and Kdl (-4.98%) led small-cap hits on funding crunches.
