Mumbai, February 10, 2026 – Indian benchmarks deepened their February slide on Monday, with Nifty tumbling 0.8% to 25,300 and Sensex shedding 0.9% to 82,700, battered by persistent FII selling (₹3,000 Cr net out) and pre-earnings caution in consumer and infra sectors. At least 30 scrips hit lower price bands (mostly 5-10%), halting trades amid margin calls and global yield pressures. This extends the month's volatility, wiping ₹20 Cr in value from leaders like Fischer (down 4.99% to ₹43.40 on chem slowdown), Maxvolt (locked 4.99% at ₹293.95 amid energy woes), and Coolcaps (down 4.90% to ₹27.15 on capex delays).
Lower circuit stocks refer to shares that hit their daily price limit on the downside (typically 5-20% based on volatility), triggering trading halts to prevent panic selling. Investors should know: Circuits curb excessive volatility, but persistent hits signal fundamentals like earnings misses or sector headwinds—avoid chasing without research, as rebounds can be slow.
The rout underscores broader risk-off sentiment, with SMEs and BE series hardest hit on thin liquidity. Volumes contracted 18%, but sellers dominated 3:1. Analysts flag Q3 previews as key—potential relief if IT/pharma deliver.
Top Lower Band Hitters (Sorted by Traded Value)
Snapshot of the biggest losers by value, from BSE/NSE:
| Rank | Stock Name | Series | LTP (₹) | % Decline (Band) | Volume (Lakh Shares) | Traded Value (₹ Cr) |
|---|---|---|---|---|---|---|
| 1 | Fischer | EQ | 43.40 | -4.99 | 19.25 | 8.56 |
| 2 | Maxvolt | ST | 293.95 | -4.99 | 1.01 | 3.01 |
| 3 | Coolcaps | SM | 27.15 | -4.90 | 7.95 | 2.16 |
| 4 | Spcenet | EQ | 5.10 | -9.89 (10%) | 34.68 | 1.85 |
| 5 | Esconet | SM | 106.90 | -3.87 (10%) | 1.22 | 1.28 |
| 6 | Sunlite | ST | 363.45 | -3.79 | 0.28 | 1.00 |
| 7 | Vivimedlab | EQ | 7.15 | -4.92 | 12.15 | 0.89 |
| 8 | Uyfin corp | BE | 14.96 | -2.16 | 3.61 | 0.53 |
| 9 | Navkarurb | BE | 1.58 | -4.82 | 3.68 | 0.06 |
| 10 | Sitinet | BZ | 0.35 | 0.00 | 6.17 | 0.02 |
| 11 | Sanwaria | BZ | 0.25 | 0.00 | 7.00 | 0.02 |
| 12 | Fel | BZ | 0.46 | 2.22 | 2.22 | 0.01 |
| 13 | Setuinfra | BZ | 0.40 | -4.76 | 0.37 | 0.00 |
Key Highlights:
- Fischer's Chem Crunch: Down 4.99% to ₹43.40, losing ₹8.56 Cr on raw material surges—volumes tripled.
- Maxvolt's Energy Ebb: Locked -4.99% at ₹293.95 amid subsidy fears, shedding ₹3.01 Cr; SME highlight.
- Coolcaps's Capex Dip: Slid 4.90% to ₹27.15, wiping ₹2.16 Cr on project delays.
- SME Strain: Spcenet (-9.89%) and Esconet (-3.87%) led small-cap hits on funding crunches.
