Indian equity markets opened the new financial year on a cautious note on 1st April 2026, extending the corrective trend from the previous session. The Nifty 50 traded with mild volatility around the 22,800 level after closing near 22,819 on 31st March. The Nifty Midcap 100 and Nifty Smallcap 100 continued to face selling pressure amid broad-based profit-booking, while India VIX remained elevated, reflecting sustained caution among participants.
The session saw heightened downside activity in individual counters, with over 100 stocks hitting fresh 52-week lows and more than 40 stocks locking in lower price bands.
Stocks Hitting Fresh 52-Week Lows:
Here are some of the most notable stocks that touched new 52-week lows (selected for impact):
| Scrip Code | Scrip Name | LTP | 52-Week Low | Group |
|---|---|---|---|---|
| 526921 | 21STCENMGM | 29.25 | 29.25 | B |
| 543829 | GSLSU | 46.29 | 43.95 | B |
| 530943 | AQYLON | 47.98 | 47.98 | B |
| 524602 | BANDARAM | 24.84 | 22.00 | X |
| 539946 | BAZELINTER | 17.80 | 16.50 | X |
| 532870 | ANKITMETAL | 1.36 | 1.26 | Z |
| 540824 | ASTRON | 3.40 | 3.26 | B |
| 544249 | BALAJEE | 23.37 | 21.00 | B |
| 542670 | AEPL | 15.77 | 13.00 | B |
| 538351 | AFEL | 1.89 | 1.75 | Z |
| 531082 | ALANKIT | 7.34 | 6.41 | B |
| 532456 | COMPINFO | 0.97 | 0.90 | Z |
Key Highlights:
- RELINFRA featured prominently in lower-band activity with a 4.58% decline and high traded value, adding to downside momentum.
- 21STCENMGM, GSLSU, and AQYLON hit fresh yearly lows, reflecting weakness in select small-cap counters.
- Several low-priced stocks including ANKITMETAL, ASTRON, and BALAJEE made new 52-week lows amid thin trading.
- The broader correction aligned with over 40 stocks locking lower bands, led by SWANDEF, RELINFRA, EPACKPEB, and RMDRIP in terms of traded value.
The market breadth remained weak, with mid- and small-cap segments underperforming amid elevated volatility.
