Mumbai, February 12, 2026 – Indian benchmarks deepened their February slide on Thursday, with Nifty tumbling 0.8% to 25,300 and Sensex shedding 0.9% to 82,700, battered by persistent FII selling (₹3,000 Cr net out) and pre-earnings caution in consumer and infra sectors. At least 30 scrips hit lower price bands (mostly 5%), halting trades amid margin calls and global yield pressures. This extends the month's volatility, wiping ₹20 Cr in value from leaders like Lexus (down 2.39% to ₹34.28 on sector slowdown), Ganeshin (locked 4.99% at ₹103.75 amid SME woes), and Purpleuted (down 4.29% to ₹336.00 on margin squeeze).
The rout underscores broader risk-off sentiment, with SMEs and BE series hardest hit on thin liquidity. Volumes contracted 18%, but sellers dominated 3:1. Analysts flag Q3 previews as key—potential relief if IT/pharma deliver.
Top Lower Band Hitters (Sorted by Traded Value)
Snapshot of the biggest losers by value, from BSE/NSE:
| Rank | Stock Name | Series | LTP (₹) | % Decline (Band) | Volume (Lakh Shares) | Traded Value (₹ Cr) |
|---|---|---|---|---|---|---|
| 1 | Lexus | EQ | 34.28 | -2.39 | 6.32 | 2.22 |
| 2 | Ganeshin | SM | 103.75 | -4.99 | 1.79 | 1.86 |
| 3 | Purpleuted | SM | 336.00 | -4.29 | 0.54 | 1.82 |
| 4 | Uel | EQ | 199.36 | -5.00 | 0.67 | 1.43 |
| 5 | Manakaluco | BE | 31.64 | -4.98 | 3.56 | 1.14 |
| 6 | Terasoft | EQ | 402.85 | -3.91 | 0.26 | 1.07 |
| 7 | Graphisad | SM | 49.55 | -4.99 | 1.42 | 0.71 |
| 8 | Coolcaps | SM | 27.15 | -4.90 | 7.95 | 2.16 |
| 9 | Spcenet | EQ | 5.10 | -9.89 (10%) | 34.68 | 1.85 |
| 10 | Esconet | SM | 106.90 | -3.87 (10%) | 1.22 | 1.28 |
| 11 | Sunlite | ST | 363.45 | -3.79 | 0.28 | 1.00 |
| 12 | Vivimedlab | EQ | 7.15 | -4.92 | 12.15 | 0.89 |
| 13 | Uyfin corp | BE | 14.96 | -2.16 | 3.61 | 0.53 |
Key Highlights:
- Lexus's Sector Slump: Down 2.39% to ₹34.28, losing ₹2.22 Cr on demand weakness—volumes tripled.
- Ganeshin's SME Strain: Locked -4.99% at ₹103.75 amid funding crunches, shedding ₹1.86 Cr; retail favorite turns sour.
- Purpleuted's Margin Hit: Slid 4.29% to ₹336.00, wiping ₹1.82 Cr on cost pressures.
- SME Bloodbath: Uel (-5.00%) and Manakaluco (-4.98%) led small-cap hits on leverage unwind and Q3 uncertainty.
Value seekers may nibble at RSI <30 levels, but downside risks loom if U.S. data disappoints. Nifty eyes 25,200 support—watch chemical earnings for cues. BSE/NSE data; halts in effect.
