Indian equity markets witnessed a powerful rally on 8th April 2026, with Nifty surging over 3.5% intraday and closing near 23,950 levels on positive global cues, including a reported US-Iran ceasefire that eased geopolitical tensions and boosted risk appetite. Nifty, Nifty Midcap 100, Nifty Smallcap 100, and India VIX reflected strong bullish momentum, though a few Nifty constituents closed lower amid profit booking in select sectors.
Despite the broad-based gains, the Nifty T20 losers list highlighted isolated weakness in heavyweight names. The broader market also saw intense buying with numerous upper circuits, while some stocks hit lower bands and a handful touched fresh 52-week lows.
Key Highlights
- COALINDIA topped the Nifty losers with a sharp 2.93% decline to ₹449.45 on massive turnover exceeding ₹7,946 crore.
- TECHM fell 1.66% and WIPRO declined 0.78%, both on high volumes.
- CHOLAHLDNG led upper circuit action with a 20% gain to ₹1,675.90 on blockbuster ₹633 crore turnover.
- PINELABS, JTLIND, and EASEMYTRIP also locked strong upper circuits with heavy trading activity.
- AMIRCHAND and CONFIPET hit 10% lower circuits on very high volumes, while RAJTV and AMIRCHAND featured among stocks making fresh 52-week lows.
Nifty T20 Losers on 8th April 2026
| Symbol | LTP | % Chng | Value (₹ Cr) |
|---|---|---|---|
| COALINDIA | 449.45 | -2.93 | 7946.24 |
| TECHM | 1448.9 | -1.66 | 3121.50 |
| WIPRO | 203.12 | -0.78 | 3570.64 |
| NESTLEIND | 1213.8 | -0.74 | 1578.24 |
| DRREDDY | 1189.4 | -0.56 | 1503.75 |
| HINDALCO | 951.5 | -0.31 | 6870.85 |
| SUNPHARMA | 1713.9 | -0.24 | 6851.98 |
| ONGC | 286.1 | -0.19 | 10864.93 |
| POWERGRID | 295 | -0.14 | 2610.10 |
Stocks Locking Upper Circuits on 8th April 2026 (Select)
| Symbol | LTP | % Chng | Value (₹ Cr) |
|---|---|---|---|
| CHOLAHLDNG | 1675.90 | 20.00 | 633.34 |
| PINELABS | 180.35 | 15.18 | 254.03 |
| JTLIND | 58.51 | 20.00 | 165.84 |
| EASEMYTRIP | 7.97 | 18.60 | 118.49 |
Stocks on Lower Band on 8th April 2026 (Select)
| Symbol | LTP | % Chng | Value (₹ Cr) |
|---|---|---|---|
| AMIRCHAND | 131.22 | -10.00 | 80.88 |
| CONFIPET | 53.85 | -9.99 | 45.95 |
Stocks Hitting Fresh 52-Week Lows on 8th April 2026 (Select)
| Symbol | LTP | 52-Week Low |
|---|---|---|
| AMIRCHAND | 128.00 | 128.00 |
| RAJTV | 21.12 | 21.12 |
| RNBDENIMS | 18.16 | 18.16 |
The session showcased strong market breadth with significant upper circuit activity in mid- and small-cap stocks, even as a few large-cap names and select counters faced selling pressure or hit new lows.
Looking ahead, Nifty is likely to consolidate with support at 22,500–22,700 and resistance at 23,000–23,100.
