Mumbai, January 5, 2026 – Indian markets extended their choppy streak on Monday, with Nifty slipping 0.5% to 25,950 and Sensex down 0.6% to 85,200, as FIIs turned net sellers (₹1,800 Cr outflow) on renewed U.S. yield spikes and mixed Q3 previews. At least 60 scrips hit lower price bands (mostly 5% circuits), triggering halts in trading for infra, renewables, and SME names, amid year-start deleveraging and sector-specific headwinds like rising input costs. Volumes moderated 15% on caution, but the moves wiped ₹500 Cr in value for leaders.
This follows last week's consolidation, with defensives like IT holding firm while cyclicals bled. No major regulatory triggers, but analysts eye RBI's liquidity ops for relief. Trading resumes Tuesday post-review.
Top Lower Band Hitters (Sorted by Traded Value)
Snapshot of the key names locked at floor, per BSE/NSE data:
| Rank | Stock Name | Series | LTP (₹) | % Decline (Band) | Volume (Lakh Shares) | Traded Value (₹ Cr) |
|---|---|---|---|---|---|---|
| 1 | Indothai | EQ | 254.25 | -4.99 | 44.04 | 112.97 |
| 2 | Take | BE | 40.68 | -0.42 (Partial) | 31.67 | 12.84 |
| 3 | GK Energy | EQ | 155.50 | -4.10 | 7.92 | 12.61 |
| 4 | Rajeshexpo | BZ | 175.00 | -3.31 | 5.82 | 10.22 |
| 5 | Waareeindo | EQ | 487.00 | -4.99 | 1.84 | 9.04 |
| 6 | Stallion | BE | 244.81 | -5.00 | 2.77 | 6.83 |
| 7 | Mv Kagro | SM | 725.00 | -0.28 (Partial) | 0.88 | 6.35 |
| 8 | Ibullsltd | EQ | 15.65 | -4.98 | 37.34 | 5.88 |
| 9 | Kavdefence | EQ | 70.20 | -4.99 | 3.28 | 2.40 |
| 10 | Epwindia | ST | 104.00 | -4.32 | 1.84 | 1.92 |
| 11 | Esfl | SM | 167.00 | -4.98 | 1.02 | 1.74 |
| 12 | Axita | BE | 11.16 | -4.94 | 11.84 | 1.32 |
| 13 | Mahasteel | BE | 961.10 | -4.99 | 0.13 | 1.26 |
Key Highlights:
- Indothai's Sharp Tumble: The logistics firm cratered 5% to ₹254 on freight rate pressures and Q3 margin misses, erasing ₹113 Cr in value—volumes 5x average.
- Take's Infra Woe: Defense play locked at -0.42% (partial band) to ₹41, hit by order delays; down 15% from Dec peaks amid budget capex cuts.
- GK Energy's Renewables Rut: Slid 4.1% to ₹156 on subsidy rollback fears and high valuations (P/E 45x), with peers like Waareeindo also floored.
- SME Squeeze: Stallion (-5%) and Shyamdhani (-5%) led small-cap rout on leverage unwind; 70% of hits from BSE SME/BE.
