Mumbai, January 22, 2026 – Indian equities wrapped a seesaw session on Thursday, with Nifty edging up 0.3% to 25,550 and Sensex gaining 0.4% to 83,500, buoyed by positive Q3 surprises in IT but tempered by infra and small-cap swings amid mixed FII flows (₹900 Cr net buy). In a testament to heightened intraday volatility, 8 scrips touched both upper and lower price bands (mostly 2-5%), driven by low-float speculation and rapid shifts in sentiment for BE/BZ names. This aligns with January's choppy trend, with Polysil (up 5% to ₹219 after dual hits), Goyalalum (up 2.3% to ₹7.25 on aluminum rebound), and Noidatoll (up 4.7% to ₹3.55 amid toll revenue chatter) capturing the erratic action, totaling modest ₹0.9 Cr in value traded.
The band touches highlight opportunistic plays in penny stocks, sans major catalysts but tied to earnings anticipation. Volumes were average, with advancers leading decliners 1.3:1. Analysts see this as fleeting noise—upside potential if global yields ease further.
Top Dual Band Swingers (Sorted by Traded Value)
Snapshot of the volatile names that hit both ceilings and floors, per BSE/NSE:
| Rank | Stock Name | Series | LTP (₹) | % Change | Price Band (%) | Volume (Lakh Shares) | Traded Value (₹ Cr) |
|---|---|---|---|---|---|---|---|
| 1 | Polysil | ST | 218.85 | 4.99 | 5.00 | 0.32 | 0.65 |
| 2 | Goyalalum | BE | 7.25 | 2.26 | 5.00 | 2.37 | 0.17 |
| 3 | Noidatoll | EQ | 3.55 | 4.72 | 5.00 | 1.68 | 0.06 |
| 4 | Dil | BZ | 1.39 | 0.72 | 5.00 | 1.33 | 0.02 |
| 5 | Cadsys | SM | 46.20 | 5.00 | 5.00 | 0.04 | 0.02 |
| 6 | Fel | BZ | 0.45 | 0.00 | 2.00 | 1.30 | 0.01 |
| 7 | Ansalapi | BZ | 3.14 | 1.95 | 2.00 | 0.10 | 0.00 |
| 8 | Lakpre | BZ | 5.25 | 4.58 | 5.00 | 0.02 | 0.00 |
Key Highlights:
- Polysil's Polymer Play: The specialty firm swung 5% bands to close up 5% at ₹219, trading ₹0.65 Cr amid export order speculation—volumes steady.
- Goyalalum's Metal Momentum: Up 2.3% to ₹7.25 after dual touches, boosted by aluminum price recovery; ₹0.17 Cr turnover in volatile ride.
- Noidatoll's Toll Turnaround: Gained 4.7% to ₹3.55 post-swings, on infra funding buzz despite thin ₹0.06 Cr value.
- Penny Frenzy: Dil (+0.7% to ₹1.39) and Fel (flat at ₹0.45) epitomized low-cap chaos in BZ series.
Traders may chase extensions if earnings uplift; Nifty resistance at 25,800. RSI balanced—monitor FII trends for clues. BSE/NSE data; bands in effect.
