Mumbai, February 10, 2026 – Indian benchmarks extended their rebound on Monday, with Nifty climbing 0.7% to 25,750 and Sensex up 0.8% to 84,000, fueled by strong Q3 earnings from engineering and auto sectors amid FII inflows (₹2,500 Cr net buy). At least 50 scrips hit upper price bands (mostly 20%), suspending sells as volumes swelled on institutional buying. This flips recent volatility, adding ₹2,500 Cr in value to leaders like Isgec (up 17.72% to ₹928.30 on infra demand), Lumaxind (rising 20% to ₹6,136.30 amid auto ancillaries buzz), and Smlmah (up 10% to ₹4,330.70 on manufacturing growth).
The uptick signals optimism in capex-heavy sectors, with mid-caps leading. Volumes rose 15%, advancers dominating 2:1. Analysts see momentum if PMI beats, targeting Nifty 26,000.
Top Upper Band Hitters (Sorted by Traded Value)
Snapshot of the biggest gainers by value, from BSE/NSE:
| Rank | Stock Name | Series | LTP (₹) | % Gain (Band) | Volume (Lakh Shares) | Traded Value (₹ Cr) |
|---|---|---|---|---|---|---|
| 1 | Isgec | EQ | 928.30 | 17.72 (20%) | 19.82 | 183.97 |
| 2 | Lumaxind | EQ | 6,136.30 | 20.00 (20%) | 1.96 | 115.24 |
| 3 | Smlmah | EQ | 4,330.70 | 10.00 (10%) | 2.37 | 100.32 |
| 4 | Signpost | EQ | 247.87 | 17.73 (20%) | 20.14 | 49.23 |
| 5 | Nelcast | EQ | 128.16 | 7.57 (20%) | 21.67 | 29.73 |
| 6 | Stallion | EQ | 187.50 | 1.85 | 12.84 | 24.44 |
| 7 | Mcloud | EQ | 27.74 | 5.00 | 65.02 | 17.89 |
| 8 | Genuspower | EQ | 265.35 | 0.89 (20%) | 17.51 | 45.45 |
| 9 | Ifbagro | EQ | 1106.80 | -1.08 | 0.52 | 5.69 |
| 10 | Coolcaps | SM | 27.15 | -4.90 | 7.95 | 2.16 |
| 11 | Maxvolt | ST | 330.00 | -0.18 | 0.50 | 1.62 |
| 12 | Biofilchem | EQ | 41.71 | -9.99 (10%) | 3.47 | 1.48 |
| 13 | Ganeshin | SM | 114.50 | -4.98 | 0.89 | 1.03 |
Key Highlights:
- Isgec's Engineering Surge: Up 17.72% to ₹928.30, adding ₹184 Cr in value on capex orders—volumes tripled.
- Lumaxind's Auto Traction: Rose 20% to ₹6,136.30 amid export tailwinds, gaining ₹115 Cr; sector rotation play.
- Smlmah's Manufacturing Boost: Gained 10% to ₹4,330.70 on margin beats, lifting ₹100 Cr—defensive standout.
- SME Spark: Signpost (+17.73%) and Nelcast (+7.57%) fueled small-cap revival on rate cut bets.
Momentum traders eye extensions if earnings beat; Nifty resistance at 26,000. RSI rising—watch consumer data for confirmation.