Indian equity markets opened the new financial year on a positive note with strong selective buying in several counters. The Nifty showed resilience and traded near 22,800 levels, while Nifty Midcap 100 and Nifty Smallcap 100 witnessed rotational interest. India VIX remained elevated but indicated some moderation in volatility.
More than 30 stocks hit their upper price bands during the session, led by strong momentum in textiles, renewables, capital goods, and select small-cap names on healthy volumes.
Key Upper Circuit Stocks (Sorted by Value Traded)
| Symbol | LTP | % Chng | Price Band % | Volume (Lakhs) | Value (₹ Crores) |
|---|---|---|---|---|---|
| GANECOS | 994.35 | 16.73 | 20.00 | 34.77 | 334.58 |
| APOLLO | 197.02 | 8.16 | 10.00 | 48.59 | 95.91 |
| GOKEX | 611.50 | 5.39 | 10.00 | 4.79 | 29.72 |
| WEBELSOLAR | 71.34 | 9.99 | 10.00 | 31.91 | 22.43 |
| BALUFORGE | 419.15 | 8.53 | 10.00 | 4.68 | 19.59 |
| AXISCADES | 1546.60 | 2.13 | 5.00 | 1.13 | 17.69 |
| EASEMYTRIP | 6.36 | 8.72 | 10.00 | 167.66 | 10.45 |
| ESTER | 82.07 | 16.13 | 20.00 | 10.08 | 8.22 |
| SMLMAH | 3969.70 | 5.00 | 5.00 | 0.20 | 8.05 |
| RAMASTEEL | 3.99 | 9.92 | 10.00 | 199.85 | 7.91 |
| INFOBEAN | 136.11 | 10.00 | 10.00 | 5.17 | 6.92 |
| UNITECH | 3.79 | 19.94 | 20.00 | 154.39 | 5.65 |
Key Highlights:
- GANECOS led the upper circuit pack with an impressive 16.73% gain and the highest value traded at ₹334.58 crores.
- APOLLO followed with strong buying interest and ₹95.91 crores in turnover.
- High-volume upper circuits were seen in EASEMYTRIP (over 167 lakh shares) and RAMASTEEL (nearly 200 lakh shares).
- Several stocks that hit lower circuits in the previous session, including WEBELSOLAR, AXISCADES, EPACKPEB, GKENERGY, and EMBDL, reversed sharply and locked upper circuits today, showing strong intraday momentum shift.
- Notable 20% upper circuits were witnessed in ESTER, UNITECH, and SARVESHWAR.
The session reflected improved market breadth with buying interest returning in previously beaten-down stocks, even as a few names continued to face mild pressure.
