Indian equity markets opened strongly and extended gains on 8th April 2026, with Nifty surging past key psychological levels on the back of positive global cues and improved risk appetite. Nifty, Nifty Midcap 100, Nifty Smallcap 100, and India VIX reflected bullish momentum overall, though a few pockets witnessed profit booking and sharp selling.
While the Nifty T20 losers list highlighted weakness in select large-cap names, the lower band (Lower Circuits) action was concentrated in smaller counters, with several stocks hitting their price bands on high volumes.
Key Highlights
- COALINDIA remained the top Nifty loser, plunging 2.93% to ₹449.45 on exceptionally high turnover of ₹7,946 crore.
- TECHM and WIPRO followed with declines of 1.66% and 0.78% respectively on heavy volumes.
- In the lower circuit space, AMIRCHAND hit a 10% lower circuit at ₹131.22 with massive turnover of ₹80.88 crore.
- CONFIPET also locked in a near 10% decline at ₹53.85 on ₹45.95 crore value.
- ANTELOPUS, which had hit upper circuit the previous day, reversed sharply and fell 5% to ₹665.
- RAJTV continued its weakness, dropping nearly 10% to ₹20.63.
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 on Lower Band on 8th April 2026 (Select)
| Symbol | LTP | % Chng | Value (₹ Cr) | Volume (Lakhs) |
|---|---|---|---|---|
| AMIRCHAND | 131.22 | -10.00 | 80.88 | 61.62 |
| CONFIPET | 53.85 | -9.99 | 45.95 | 83.06 |
| ANTELOPUS | 665.00 | -5.00 | 16.40 | 2.46 |
| HMAAGRO | 23.43 | -7.46 | 3.61 | 15.09 |
| RAJTV | 20.63 | -9.99 | 2.64 | 12.71 |
The market continued to show clear stock-specific action, with strong gains in the broader indices contrasting with isolated weakness in both large-cap and small-cap segments.