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 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 Apar Industries (up 18.69% to ₹9,688 on electrical demand), Balkrishna Industries (rising 10.40% to ₹2,532.40 amid tire export buzz), and Avanti Feeds (up 19.71% to ₹957.70 on aqua feed 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, per BSE/NSE:
| Rank | Stock Name | Series | LTP (₹) | % Gain (Band) | Volume (Lakh Shares) | Traded Value (₹ Cr) |
|---|---|---|---|---|---|---|
| 1 | Apar Industries | EQ | 9,688.00 | 18.69 (20%) | 6.97 | 665.88 |
| 2 | Balkrishna Industries | EQ | 2,532.40 | 10.40 (20%) | 17.84 | 454.09 |
| 3 | Avanti Feeds | EQ | 957.70 | 19.71 (20%) | 45.52 | 426.43 |
| 4 | K.P.R. Mill | EQ | 1,004.05 | 16.89 (20%) | 36.31 | 367.49 |
| 5 | Welspun Living | EQ | 146.84 | 19.92 (20%) | 238.58 | 347.16 |
| 6 | Apex Frozen Foods | EQ | 342.00 | 16.49 (20%) | 36.89 | 125.49 |
| 7 | Pearl Global Industries | EQ | 1,752.50 | 9.52 (20%) | 5.92 | 108.29 |
| 8 | Trident | EQ | 28.74 | 11.44 (20%) | 366.72 | 105.95 |
| 9 | Aditya Birla Fashion | EQ | 112.84 | 7.83 (20%) | 73.68 | 87.74 |
| 10 | Goldiam International | EQ | 357.70 | 5.00 | 15.12 | 53.82 |
| 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:
- Apar Industries's Electrical Surge: Up 18.69% to ₹9,688, adding ₹666 Cr in value on capex orders—volumes tripled.
- Balkrishna Industries's Tire Traction: Rose 10.40% to ₹2,532.40 amid export tailwinds, gaining ₹454 Cr; sector rotation play.
- Avanti Feeds's Aqua Boost: Gained 19.71% to ₹957.70 on feed demand, lifting ₹426 Cr—defensive standout.
- SME Spark: Trident (+11.44%) and Pearl Global (+9.52%) 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.
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