Yesterday (Tuesday, December 2) turned into a nightmare for Indian equities as a broad-based sell-off crushed small and mid-cap names, with over 20 stocks plunging 6–40% amid panic liquidation and margin calls. Housing finance giant Bajaj Housing Finance led the carnage, shedding 7% on a staggering ₹42,000 crore turnover – the highest single-day volume for any stock this year.
The rout spared no one, with penny stocks like Indo-RE2 evaporating 40% in minutes and yesterday's darlings Priti and Retail freezing at lower circuits.
Top 20 Losers on NSE – Tuesday, December 2, 2025
- Indo-RE2 ↓ 40.26% → ₹0.92 (Absolute vaporization)
- Priti ↓ 10.53% → ₹59.58 (Lower circuit)
- Retail ↓ 10.08% → ₹29.79 (Lower circuit)
- Viji Finance ↓ 8.86% → ₹2.47
- ATL Rights ↓ 8.34% → ₹6.70
- Spectrum Electricals ↓ 7.71% → ₹1,200
- Advent Hotel ↓ 7.34% → ₹205
- Softtech ↓ 7.32% → ₹326.25
- Welinv ↓ 7.18% → ₹1,320
- Bajaj Housing Finance ↓ 7.02% → ₹97.15 (₹42,000 crore volume!)
- ADL ↓ 6.92% → ₹70.50
- Coral Fine ↓ 6.55% → ₹40.49
- Shrenik ↓ 6.45% → ₹0.58
- Precot ↓ 6.35% → ₹401
- Globale ↓ 6.30% → ₹11.31
- Havisha ↓ 6.25% → ₹1.80
- Diamines & Chemicals ↓ 6.24% → ₹267.40
- Anik Industries ↓ 6.13% → ₹54.35
- ISFT ↓ 6.11% → ₹93
- Sastasundar ↓ 6.01% → ₹307.15
Panic volumes screamed distress:
- Bajaj HFL: 44 crore shares (50x average) – FII selling + overleverage fears
- Priti & Retail: Locked lower from open
- Shrenik: 28 lakh shares in penny frenzy
Traders blame month-end FII outflows, rising yields, and expiry jitters for the meltdown. With Nifty dipping below 26,000 support, today could see more pain unless bulls mount a rescue.
Word from the pits: Yesterday's 20% rockets are today's 10% craters – classic small-cap trap. If you're in, tighten those stops. The bears are feasting today.
