Mumbai, January 23, 2026 – Indian markets closed mixed on Friday, with Nifty flat at 25,500 and Sensex up 0.1% to 83,250, as Q3 earnings from IT provided uplift but infra and small-caps grappled with intraday swings amid moderate FII buying (₹600 Cr net in). Highlighting the day's choppiness, 8 scrips touched both upper and lower price bands (mostly 5%), fueled by low-float speculation and quick flips in BE/BZ series names. This fits January's erratic pattern, 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 export bets) capturing the volatility, totaling modest ₹3.5 Cr in value traded.
The dual touches point to opportunistic trading in penny stocks, without broad catalysts but linked to earnings uncertainty. Volumes were subdued, advancers tying decliners. Analysts term it transient—upside if budget boosts infra.
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 | 9.13 | 1.93 |
| 2 | Aurigrow | BE | 0.51 | -3.77 | 5.00 | 286.91 | 1.46 |
| 3 | Eximroutes | ST | 196.60 | 4.99 | 5.00 | 0.46 | 0.86 |
| 4 | Gensol | BZ | 23.03 | 4.97 | 5.00 | 1.65 | 0.37 |
| 5 | Dharan | BZ | 0.21 | 0.00 | 5.00 | 87.50 | 0.18 |
| 6 | Shrenik | BZ | 0.39 | 0.00 | 5.00 | 11.66 | 0.04 |
| 7 | Sitinet | BZ | 0.34 | 3.03 | 2.00 | 4.85 | 0.02 |
| 8 | Setuinfra | BZ | 0.40 | 2.56 | 5.00 | 0.64 | 0.00 |
Key Highlights:
- Bestagro's Agro Oscillation: The firm swung 5% bands to end up 5% at ₹22.20, trading ₹1.93 Cr amid crop input demand—volumes 4x average.
- Aurigrow's Penny Plunge: Down 3.8% to ₹0.51 after dual hits, hit by growth stock caution; massive 287 lakh shares moved for ₹1.46 Cr.
- Eximroutes' Export Edge: Up 5% to ₹197 post-swings, on logistics tailwinds despite thin ₹0.86 Cr value.
- Penny Mayhem: Dharan (flat at ₹0.21) 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.