Mumbai, January 24, 2026 – Indian markets navigated another volatile session on Saturday (pre-holiday thin trading), with Nifty flat at 25,500 and Sensex up marginally to 83,300, as Q3 earnings from pharma offered support but small-caps and infra names faced intraday whipsaws amid cautious FII flows (₹500 Cr net buy). In a clear sign of heightened speculation, 11 scrips touched both upper and lower price bands (mostly 5%, some 2%), driven by low-float activity and rapid sentiment shifts in BE/BZ series. This aligns with January's choppy pattern, with Swandef (down 2.8% to ₹1,700 after swings), Dharan (down 4.8% to ₹0.20 on penny pressures), and Fconsumer (down 2.6% to ₹0.37 amid consumer slowdown) exemplifying the erratic trades, totaling modest ₹11 Cr in value traded.
The dual band hits reflect opportunistic flipping in low-cap stocks, without broad catalysts but tied to earnings anticipation and liquidity constraints. Volumes were subdued, advancers tying decliners.
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 | Swandef | BE | 1700.00 | -2.77 | 5.00 | 0.53 | 9.27 |
| 2 | Dharan | BZ | 0.20 | -4.76 | 5.00 | 339.89 | 0.68 |
| 3 | Fconsumer | BZ | 0.37 | -2.63 | 5.00 | 13.08 | 0.05 |
| 4 | Lccinfotec | BE | 5.05 | 4.99 | 5.00 | 0.58 | 0.03 |
| 5 | Sitinet | BZ | 0.33 | 0.00 | 2.00 | 3.17 | 0.01 |
| 6 | Fel | BZ | 0.46 | 2.22 | 2.00 | 1.91 | 0.01 |
| 7 | Shrenik | BZ | 0.39 | 0.00 | 5.00 | 1.85 | 0.01 |
| 8 | Compinfo | BZ | 1.32 | -3.65 | 5.00 | 0.40 | 0.01 |
| 9 | Curaa | BE | 77.59 | -2.50 | 5.00 | 0.01 | 0.01 |
| 10 | Bglobal | BZ | 3.07 | -4.95 | 5.00 | 0.01 | 0.00 |
| 11 | Winsome | BZ | 1.72 | 1.78 | 2.00 | 0.01 | 0.00 |
Key Highlights:
- Swandef's Defense Volatility: The stock swung 5% bands to close down 2.8% at ₹1,700, trading ₹9.27 Cr amid order uncertainty—volumes steady in thin session.
- Dharan's Penny Plunge: Down 4.8% to ₹0.20 after dual hits, with massive 340 lakh shares moved for ₹0.68 Cr on low-float caution.
- Fconsumer's Consumer Dip: Down 2.6% to ₹0.37 post-swings, pressured by rural demand slowdown; ₹0.05 Cr turnover.
- Penny Frenzy: Sitinet (flat at ₹0.33) and Fel (+2.2% to ₹0.46) typified low-cap chaos in BZ series.
Traders may see more swings on Tuesday reopen; Nifty resistance at 25,800. RSI neutral—monitor FII trends for clues. BSE/NSE data; bands in effect.
