Indian markets navigated a turbulent session on Monday, with Nifty edging up 0.2% to 25,500 and Sensex flat at 83,200, as mixed Q3 earnings from IT offset drags from metals and small-caps amid persistent FII caution (₹1,200 Cr net sell). In a sign of heightened volatility, 10 scrips oscillated to hit both upper and lower price bands (mostly 2-5%), reflecting thin liquidity and rapid sentiment shifts in SMEs and BE series. This comes amid broader choppiness, with Shrikanha (down 4.9% to ₹32.30 after intra-day swings), Vijifin (sliding 4.8% to ₹2.80 on finance woes), and Skil (up 4.9% to ₹1.29 on rebound bets) exemplifying the wild rides, adding modest ₹1 Cr in total value traded.
The dual-band hits underscore speculative plays in low-float names, with no major triggers but profit-booking post-rally. Volumes were muted at 10% below average, advancers tying decliners. Analysts view this as consolidation—upside if global cues improve.
Top Dual Band Swingers (Sorted by Traded Value)
Snapshot of the key names that touched both ceilings and floors, per BSE/NSE:
| Rank | Stock Name | Series | LTP (₹) | % Change | Price Band (%) | Volume (Lakh Shares) | Traded Value (₹ Cr) |
|---|---|---|---|---|---|---|---|
| 1 | Shrikanha | SM | 32.30 | -4.86 | 5.00 | 1.73 | 0.59 |
| 2 | Vijifin | EQ | 2.80 | -4.76 | 5.00 | 5.85 | 0.17 |
| 3 | Skil | BZ | 1.29 | 4.88 | 5.00 | 7.34 | 0.09 |
| 4 | Navkarurb | BE | 1.58 | -4.82 | 5.00 | 3.68 | 0.06 |
| 5 | Sitinet | BZ | 0.35 | 0.00 | 2.00 | 6.17 | 0.02 |
| 6 | Sanwaria | BZ | 0.25 | 0.00 | 2.00 | 7.00 | 0.02 |
| 7 | Fel | BZ | 0.46 | 2.22 | 2.00 | 2.22 | 0.01 |
| 8 | Setuinfra | BZ | 0.40 | -4.76 | 5.00 | 0.37 | 0.00 |
| 9 | Winsome | BZ | 1.75 | -1.69 | 2.00 | 0.07 | 0.00 |
| 10 | Quintegra | BE | 1.47 | 5.00 | 5.00 | 0.04 | 0.00 |
Key Highlights:
- Shrikanha's SME Volatility: The small-cap oscillated 5% bands to close down 4.9% at ₹32.30, trading ₹0.59 Cr amid order uncertainty—volumes 3x average.
- Vijifin's Finance Fluctuations: Down 4.8% to ₹2.80 after dual hits, pressured by rate fears; penny stock saw ₹0.17 Cr turnover.
- Skil's Rebound Ride: Up 4.9% to ₹1.29 post-swing, buoyed by infra bets despite thin ₹0.09 Cr value.
- Penny Play Mayhem: Names like Sanwaria (flat at ₹0.25) and Fel (+2.2% to ₹0.46) exemplified low-float frenzy in BZ series.
