Indian equity markets opened the session on 2nd April 2026 with a corrective bias after the previous day's recovery. The Nifty 50 faced selling pressure following its close at 22,679.40 on 1st April. The Nifty Midcap 100 and Nifty Smallcap 100 showed mixed performance with selective weakness, while India VIX remained at elevated levels, indicating continued caution among participants.
The session was marked by broad downside activity, with over 100 stocks hitting fresh 52-week lows, reflecting profit-booking and selling pressure in several counters.
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 | 28.67 | 28.67 | B |
| 530943 | AQYLON | 45.59 | 45.59 | B |
| 500067 | BLUESTARCO | 1530.90 | 1450.00 | A |
| 532067 | 3BBLACKBIO | 1166.10 | 1110.00 | B |
| 500187 | AGI | 500.00 | 444.00 | A |
| 543330 | DEVYANI | 96.21 | 91.57 | A |
| 532828 | AMDIND | 36.57 | 32.00 | B |
| 500490 | BAJAJHLDNG | 8890.00 | 8597.50 | A |
| 511243 | CHOLAFIN | 1333.50 | 1299.80 | A |
| 500087 | CIPLA | 1190.20 | 1165.55 | A |
| 543960 | CONCORDBIO | 1024.20 | 987.05 | A |
Key Highlights:
- 21STCENMGM and AQYLON hit fresh yearly lows at their closing prices, adding to weakness in small-cap segments.
- Large-cap names such as BLUESTARCO, BAJAJHLDNG, CHOLAFIN, and CIPLA also touched new 52-week lows during the session.
- Several other counters including DEVYANI, AGI, and 3BBLACKBIO recorded notable declines while making fresh yearly lows.
- The downside activity came alongside continued selective strength observed in the previous session (e.g., ACUTAAS, CPPLUS, GVTD hitting highs on 1st April) and lower-band hits from recent trading.
The market showed divergent moves, with mid- and small-cap indices experiencing pressure even as some large-cap stocks participated in the correction.
