Mumbai, January 23, 2026 – Indian markets closed on a mixed note on Friday, with Nifty up 0.2% to 25,550 and Sensex gaining 0.3% to 83,400, as Q3 earnings from pharma provided some lift but small-caps and infra names grappled with intraday swings amid moderate FII inflows (₹800 Cr net buy). In a display of extreme volatility, 11 scrips touched both upper and lower price bands (mostly 5%), driven by low-float speculation and rapid sentiment shifts in BE/BZ series. This continues January's erratic trend, with Bestagro (up 5% to ₹22.20 after swings), Aurigrow (down 3.8% to ₹0.51 on agro pressures), and Eximroutes (up 5% to ₹197 amid logistics bets) exemplifying the wild action, totaling modest ₹3.8 Cr in value traded.
The dual touches reflect opportunistic trading in penny stocks, without major catalysts but linked to earnings uncertainty. Volumes were average, with advancers edging decliners 1.1:1. Analysts see this as short-term noise—potential stabilization 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 | Bestagro | BE | 22.20 | 4.96 | 5.00 | 9.94 | 2.11 |
| 2 | Aurigrow | BE | 0.51 | -3.77 | 5.00 | 308.74 | 1.57 |
| 3 | Eximroutes | ST | 196.60 | 4.99 | 5.00 | 0.46 | 0.86 |
| 4 | Polysil | ST | 229.70 | 4.96 | 5.00 | 0.22 | 0.49 |
| 5 | Gensol | BZ | 23.03 | 4.97 | 5.00 | 1.79 | 0.40 |
| 6 | Dharan | BZ | 0.22 | 4.76 | 5.00 | 152.99 | 0.31 |
| 7 | Shrenik | BZ | 0.39 | 0.00 | 5.00 | 13.26 | 0.05 |
| 8 | Sitinet | BZ | 0.34 | 3.03 | 2.00 | 7.22 | 0.02 |
| 9 | Ansalapi | BZ | 3.12 | -0.64 | 2.00 | 0.23 | 0.01 |
| 10 | Setuinfra | BZ | 0.40 | 2.56 | 5.00 | 1.22 | 0.00 |
| 11 | Winsome | BZ | 1.69 | -1.74 | 2.00 | 0.03 | 0.00 |
Key Highlights:
- Bestagro's Agro Oscillation: The firm swung 5% bands to close up 5% at ₹22.20, trading ₹2.11 Cr amid crop input demand—volumes 5x average.
- Aurigrow's Penny Plunge: Down 3.8% to ₹0.51 after dual hits, pressured by growth stock caution; enormous 309 lakh shares moved for ₹1.57 Cr.
- Eximroutes' Export Edge: Up 5% to ₹197 post-swings, on logistics tailwinds despite thin ₹0.86 Cr value.
- Penny Frenzy: Dharan (+4.8% to ₹0.22) and Shrenik (flat at ₹0.39) typified low-cap chaos in BZ series.
Speculators may fuel more swings; Nifty resistance at 25,800. RSI steady—track FII moves for direction. BSE/NSE data; bands in effect.