March 16, 2026 – Indian equity benchmarks deepened their correction in early trade, with the Nifty 50 sliding 0.6% below 24,150 and the Sensex dropping 450 points near 78,700, weighed down by continued selling in defence, IT and pharma amid FII outflows crossing ₹1,800 crore. Global yield rise and Q4 earnings jitters added to the pressure, even as select energy names offered minor support.
In a sign of broad-based weakness, over 90 stocks across small- and mid-cap segments hit lower circuit limits, reflecting panic exits in niche manufacturing, infra and retail plays.
| Symbol | Series | LTP | %Chng | Volume (Lakhs) | Value (₹ Cr) |
|---|---|---|---|---|---|
| ELLEN | EQ | 180.02 | -7.85 | 13.46 | 24.62 |
| REGAAL | EQ | 81.72 | -10.00 | 24.13 | 20.03 |
| EBGNG | EQ | 367.45 | -4.97 | 3.51 | 12.97 |
| RELINFRA | BE | 81.23 | -4.99 | 6.58 | 5.40 |
| NACLIND | EQ | 115.93 | -5.00 | 3.88 | 4.54 |
| CKKRETAIL | ST | 141.70 | -4.99 | 1.76 | 2.49 |
| RAJESHEXPO | BZ | 104.56 | -5.00 | 2.11 | 2.23 |
| SILVERTUC | EQ | 105.00 | -4.98 | 1.70 | 1.80 |
| VIRINCHI | EQ | 16.33 | -9.98 | 9.42 | 1.56 |
| BGRENERGY | BE | 291.85 | -5.00 | 0.52 | 1.54 |
| HARDWYN | BE | 17.00 | -4.97 | 5.81 | 1.00 |
- ELLEN hit a 10% lower circuit at ₹180.02 on heavy turnover of ₹24.62 crore with 13.46 lakh shares, as textiles export margins collapsed on rising cotton prices and US tariff signals.
- REGAAL plunged 10% to ₹81.72, drawing ₹20.03 crore in value on 24.13 lakh shares, amid apparel sector distress following weak festive demand and inventory overhang.
- EBGNG locked its 5% floor at ₹367.45 with ₹12.97 crore turnover on 3.51 lakh shares, reflecting engineering goods weakness tied to delayed infra orders.
- RELINFRA triggered a 5% decline to ₹81.23 on 6.58 lakh shares worth ₹5.40 crore, extending pressure on power infra names after recent capex deferrals.
