Indian benchmarks extended their rebound on Wednesday, with Nifty climbing 0.7% to 25,750 and Sensex up 0.8% to 84,000, fueled by strong Q3 earnings from manufacturing and textile 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 Gokex (up 20% to ₹832.85 on textile demand), Sfl (rising 14.5% to ₹599.50 amid fashion export buzz), and Faze3q (up 20% to ₹529.90 on apparel 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 | Gokex | EQ | 832.85 | 20.00 (20%) | 142.15 | 1148.26 |
| 2 | Sfl | EQ | 599.50 | 14.50 (20%) | 37.45 | 228.18 |
| 3 | Faze3q | EQ | 529.90 | 20.00 (20%) | 15.48 | 81.67 |
| 4 | Sigachi | EQ | 23.61 | 14.33 (20%) | 316.04 | 74.14 |
| 5 | Gtlinfra | EQ | 1.19 | 17.82 (20%) | 4811.87 | 56.30 |
| 6 | Relinfra | BE | 132.66 | 4.99 | 33.80 | 44.14 |
| 7 | Smlmah | EQ | 3820.70 | 5.00 | 1.03 | 38.70 |
| 8 | Midwestltd | EQ | 1502.30 | 9.99 (10%) | 1.52 | 22.11 |
| 9 | Indothai | EQ | 256.66 | 4.35 | 4.54 | 11.47 |
| 10 | Hardwyn | BE | 17.95 | 4.98 | 4.76 | 0.86 |
| 11 | Shrenik | BZ | 0.39 | 2.63 | 1.92 | 0.01 |
| 12 | Veritaas | SM | 58.85 | 5.00 | 0.01 | 0.01 |
| 13 | Svpglo | BE | 3.43 | 4.89 | 0.21 | 0.01 |
Key Highlights:
- Gokex's Textile Triumph: Surged 20% to ₹832.85, adding ₹1,148 Cr in value on export orders—volumes quadrupled.
- Sfl's Fashion Flare: Rose 14.5% to ₹599.50 amid global demand, gaining ₹228 Cr; sector rotation play.
- Faze3q's Apparel Advance: Gained 20% to ₹529.90 on margin beats, lifting ₹82 Cr—defensive standout.
- SME Spark: Sigachi (+14.33%) and Gtlinfra (+17.82%) 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. BSE/NSE data; halts in effect.
