Indian equity markets traded with a mixed bias on Monday. The Nifty remained range-bound amid selective buying and selling, while Nifty Midcap 100 and Nifty Smallcap 100 witnessed rotational interest. India VIX stayed elevated, reflecting continued caution among investors.
The session highlighted divergence in the Nifty T20 pack, with notable gains in select large-cap names alongside limited lower circuit activity in smaller stocks.
Nifty T20 Performance (Gainers & Losers)
Top Gainers:
- TRENT surged 6.27% to ₹3773.40 on strong volume of over ₹10,948 crores.
- TITAN gained 2.95%, followed by COALINDIA (+2.08%), AXISBANK (+1.89%), and SHRIRAMFIN (+1.73%).
Notable Losers:
- RELIANCE declined 3.52% to ₹1302.90 on massive turnover exceeding ₹16,938 crores.
- Other decliners included JSWSTEEL (-1.93%), INDIGO (-1.53%), and ONGC (-1.53%).
Key Lower Circuit Stocks (Sorted by Value Traded)
| Symbol | LTP | % Chng | Price Band % | Volume (Lakhs) | Value (₹ Crores) |
|---|---|---|---|---|---|
| AMIRCHAND | 162.00 | -10.00 | 10.00 | 76.49 | 124.35 |
| SWANDEF | 1590.00 | -2.19 | 5.00 | 0.15 | 2.34 |
| GJL | 173.05 | -4.94 | 5.00 | 0.74 | 1.28 |
Key Highlights:
- TRENT stood out as the strongest performer in the Nifty T20 pack with a sharp 6.27% rally, supported by robust buying interest.
- RELIANCE was the biggest drag among heavyweights with a 3.52% drop on exceptionally high volume.
- AMIRCHAND led the lower circuits with a 10% decline and the highest value traded at ₹124.35 crores.
- Other stocks hitting lower bands included SWANDEF, GJL, OSIAHYPER, EASTSILK, and RNBDENIMS, mostly in the micro and small-cap space.
- Selective strength was visible in consumer, retail, and PSU names, while energy and metals faced some pressure.
The day reflected a rotational market with gains in select large-caps offsetting weakness in individual heavyweights and smaller stocks.
