Mumbai, January 28, 2026 – Indian equities endured a choppy session on Tuesday, with Nifty edging up 0.1% to 25,520 and Sensex flat at 83,300, as mixed Q3 earnings from consumer sectors offset drags from infra amid moderate FII flows (₹700 Cr net buy). Highlighting the volatility, 5 scrips touched both upper and lower price bands (mostly 5%), driven by low-float speculation and quick sentiment shifts in ST/SM/BE series. This fits January's erratic pattern, with Avana (up 4.82% to ₹71.80 after swings), Newjaisa (down 4.89% to ₹15.55 on SME pressures), and Sadbhav (down 4.92% to ₹6.18 amid infra woes) capturing the action, totaling modest ₹1 Cr in value traded.
The dual hits reflect opportunistic trading in penny and small-cap stocks, without major catalysts but linked to earnings flux. Volumes were average, advancers tying decliners. Analysts see this as short-term noise—upside potential if global cues improve.
Top Dual Band Swingers (Sorted by Traded Value)
Snapshot of the volatile names that hit both ceilings and floors, per BSE/NSE:
| Rank | Stock Name | Series | LTP (₹) | % Change | Price Band (%) | Volume (Lakh Shares) | Traded Value (₹ Cr) |
|---|---|---|---|---|---|---|---|
| 1 | Avana | ST | 71.80 | 4.82 | 5.00 | 1.00 | 0.68 |
| 2 | Newjaisa | SM | 15.55 | -4.89 | 5.00 | 1.23 | 0.20 |
| 3 | Sadbhav | BE | 6.18 | -4.92 | 5.00 | 1.01 | 0.06 |
| 4 | Sitinet | BZ | 0.33 | 3.13 | 2.00 | 3.59 | 0.01 |
| 5 | Fel | BZ | 0.46 | 2.22 | 2.00 | 0.78 | 0.00 |
Key Highlights:
- Avana's SME Oscillation: Swung 5% bands to close up 4.82% at ₹71.80, trading ₹0.68 Cr amid order speculation—volumes steady.
- Newjaisa's Penny Pressure: Down 4.89% to ₹15.55 after dual hits, hit by growth caution; ₹0.20 Cr turnover.
- Sadbhav's Infra Dip: Down 4.92% to ₹6.18 post-swings, on funding crunch; modest ₹0.06 Cr value.
- Penny Frenzy: Sitinet (+3.13% to ₹0.33) and Fel (+2.22% to ₹0.46) typified low-cap chaos in BZ series.
Speculators may chase more volatility; Nifty resistance at 25,800. RSI neutral—track FII trends for direction. BSE/NSE data; bands in effect.
