Indian equity markets showed mixed trends on Monday with selective buying in certain pockets despite overall cautious sentiment. While the Nifty traded near 22,800 levels with mild weakness, Nifty Midcap 100 and Nifty Smallcap 100 witnessed rotational buying in a few names. India VIX remained elevated, reflecting continued volatility.
Around 30 stocks across various groups touched fresh 52-week highs during the session, primarily in the micro-cap and small-cap segments, indicating selective strength amid broader market pressure.
Key Stocks at Fresh 52-Week Highs
| Security Name | LTP | 52-Week High | Previous High Date | Group |
|---|---|---|---|---|
| AANCHALISP | 24.42 | 24.42 | 23 Mar 2026 | XT |
| BRRL | 1005.00 | 1005.00 | 27 Mar 2026 | MT |
| STEELCO | 100.04 | 100.04 | 23 Mar 2026 | XT |
| SURBHIN | 69.87 | 69.87 | 27 Mar 2026 | XT |
| ONIXSOLAR | 745.50 | 745.50 | 23 Mar 2026 | XT |
| AXISOL | 207.45 | 207.45 | 23 Mar 2026 | XT |
| GUJINJEC | 78.22 | 78.22 | 27 Mar 2026 | XT |
| CHEMIESYNT | 48.00 | 48.00 | 27 Mar 2026 | X |
| ALKA | 14.86 | 14.86 | 23 Mar 2026 | XT |
| ASYL | 6.31 | 6.31 | 23 Mar 2026 | XT |
| MAGNUS | 81.18 | 81.18 | 27 Mar 2026 | XT |
| GBLINFRA | 18.06 | 18.06 | 27 Mar 2026 | XT |
Key Highlights:
- AANCHALISP, BRRL, and STEELCO were among the prominent stocks that locked in fresh 52-week highs, leading the list of gainers in the micro and small-cap space.
- Several other names including SURBHIN, ONIXSOLAR, and AXISOL also touched their yearly highs, showing strong momentum in select illiquid counters.
- Most stocks hitting new highs belonged to the XT and X groups, with limited participation from mainboard large or mid-cap names.
- This selective strength occurred even as many other stocks (from lower circuit and 52-week low data) faced intense selling pressure.
The market continued to exhibit divergent trends with weakness in several sectors offset by strength in a handful of individual stocks.
Nifty is likely to find immediate support near 22,500–22,700 levels while facing resistance around 23,000–23,100 in the near term.
