Indian equity markets showed divergent trends on 7th April 2026, with selective buying interest in several smaller and mid-cap stocks even as frontline Nifty names faced mild pressure. While Nifty T20 losers and lower band hits indicated weakness in select sectors, the upper band (Upper Circuits) list highlighted strong momentum in multiple counters amid decent volumes.
Nifty, Nifty Midcap 100, Nifty Smallcap 100, and India VIX traded with caution, reflecting a mixed broader market sentiment with volatility remaining moderate.
The session witnessed over 50 stocks hitting or trading near their upper price bands, led by strong double-digit gains in names like ANTELOPUS, LIKHITHA, and VGL.
Key Highlights
- ANTELOPUS topped the upper circuit list with a 9.00% gain to ₹693.70 on robust turnover of ₹40.76 crore and volume of 6.07 lakh shares.
- LIKHITHA locked in a 20.00% upper circuit at ₹210.68, registering ₹12.15 crore in value.
- VGL surged 13.36% to ₹61.61 with turnover of ₹3.93 crore.
- Other notable performers included TAC, SWANDEF, JINDALPOLY, and RELINFRA, many of which hit their respective 5% or 10% bands on healthy trading activity.
Stocks on Upper Band / Near Upper Circuits on 7th April 2026
| Symbol | LTP | % Chng | Value (₹ Cr) | Volume (Lakhs) |
|---|---|---|---|---|
| ANTELOPUS | 693.70 | 9.00 | 40.76 | 6.07 |
| LIKHITHA | 210.68 | 20.00 | 12.15 | 6.05 |
| TAC | 557.20 | 5.02 | 9.80 | 1.73 |
| SWANDEF | 1784.80 | 4.61 | 9.08 | 0.52 |
| JINDALPOLY | 851.45 | 4.99 | 4.60 | 0.54 |
| WAAREEINDO | 413.80 | 2.96 | 4.54 | 1.09 |
| RELINFRA | 80.81 | 4.99 | 4.23 | 5.24 |
| VGL | 61.61 | 13.36 | 3.93 | 6.19 |
| RAJESHEXPO | 96.20 | 5.00 | 3.25 | 3.41 |
| KESORAMIND | 10.36 | 9.98 | 3.05 | 29.89 |
| MCLOUD | 23.31 | 5.00 | 2.72 | 11.78 |
| EMBDL | 47.95 | 4.99 | 2.49 | 5.20 |
These upper circuit moves contrast with the downside seen in Nifty T20 losers such as ADANIENT, INDIGO, and DRREDDY, as well as sharp declines in lower band stocks like RAJTV and AMIRCHAND.
Looking ahead, Nifty is likely to consolidate with support at 22,500–22,700 and resistance at 23,000–23,100.
