Yesterday's trading session (December 3) brought a much-needed breather for battered small and mid-cap investors, as pharma and specialty chemicals names spearheaded a sharp rotational rally. Over 20 stocks climbed 5–13% amid heavy volumes, with traders snapping up oversold pockets after Tuesday's rout.
The spotlight fell on Hikal, which exploded on a massive order win and earnings optimism, while beaten-down plays like OnMobile and Midwest Gold staged stunning comebacks from recent lows.
Top 20 Gainers on NSE – Tuesday, December 3, 2025
- Hikal ↑ 13.59% → ₹254 (₹1,097 crore volume!)
- OnMobile Global ↑ 10.64% → ₹62
- Midwest Gold ↑ 10.00% → ₹1,436.10
- Total ↑ 7.39% → ₹70.31
- Astec Lifesciences ↑ 6.62% → ₹849
- Route Mobile ↑ 6.55% → ₹712
- Dynpro Laboratories ↑ 6.24% → ₹282.60
- J Poly ↑ 6.17% → ₹1,125.50
- Solara Active ↑ 6.16% → ₹556
- GHCL ↑ 5.71% → ₹616
- PC Jeweller ↑ 5.62% → ₹10.52
- Manglam Cement ↑ 5.46% → ₹780
- Radio City ↑ 5.35% → ₹6.69
- Teamgty ↑ 5.32% → ₹274
- Creative Eye ↑ 5.07% → ₹7.67
- VCL ↑ 5.00% → ₹2.10
- Megastar ↑ 5.00% → ₹262.73
- SML Mah ↑ 5.00% → ₹3,532.50
- East Silk ↑ 5.00% → ₹85.75
- Equippp ↑ 5.00% → ₹19.95
Volume leaders painted a clear picture of fresh money chasing quality:
- Hikal: 4.45 crore shares (₹1,097 crore) – 30x average on API export buzz
- PC Jeweller: 7.5 crore shares – retail frenzy in penny territory
- Route Mobile: 1.59 crore shares
- OnMobile: 2.27 crore shares
Pharma and chemicals dominated (Hikal, Astec, Solara, Dynpro), with traders rotating out of large-caps into undervalued mid-caps post-FII selling. Yesterday's bounce helped Nifty claw back above 26,000, but with weekly expiry today, momentum could fizzle fast.
Analysts see this as a tactical rebound, not a trend reversal – favour defensive names until global cues stabilize. Yesterday's winners might shine again, but volatility remains the name of the game.
