Mumbai: September 26, 2025, was marked by heightened volatility in Indian equities, with the market reeling under broad-based selling pressure. While major indices fell sharply, several midcaps managed to deliver robust gains, even as large-cap names in other sectors faced strong headwinds.
The Nifty 50 opened soft and extended losses throughout the session, closing at 24,713.25, down 177.60 points (-0.71%). Broader indices mirrored this trend: Nifty Next 50 plunged 1.52%, Fin Service dropped 0.83%, and Nifty Bank lost 0.99%. Persistent selling weighed on sentiment, punctuated by bouts of high-volume action in several stocks.
Top Gainers: Select Midcaps Break Out
Amid the broad decline, these stocks stood out with impressive gains:
ASAL: Surged 16.5% to 636.10, leading the gainers on both price and value (₹197.90 crores).
BHARATGEAR: Rose 15.62% to 136.45, with hefty volume of 64.24 lakhs.
LAMBODHARA: Gained 12.68% at 145.26, amid notable trading interest.
RACLGear: Jumped 11.77% to 1,098.05, showing resilient momentum.
MCL: Continued its winning streak, rising 9.35% to 58.35.
Top Losers: Heavy Liquidation in Large and Midcaps
The session also saw severe declines in a handful of stocks:
AERONEU: Slumped 14.22% to 86.96, dragging the losers’ list.
SHRADHA-RE: Fell 11.69% to 3.70.
PCJEWELLER: Dropped 8.85% to 12.25—but with an extraordinary volume of 1,839.63 lakhs and value of ₹228.11 crores, indicating massive churn.
PRUDMOULI: Down 8.01% at 27.68.
KOLTEPATIL: Lost 7.98%, ending at 425.05.
Unusual Volumes and Turnover
PCJEWELLER stood out with by far the highest volumes and turnover, reflecting strong institutional activity and possibly speculative unwinding. Among gainers, both ASAL and BHARATGEAR attracted significant investor participation, with robust volumes and unusually high turnover.
Conclusion: September 26, 2025 (Mid-cap)
The trading session on September 26 was dominated by broad-based declines, though a select group of midcaps managed strong gains amid high trading activity. Volatility and rotational trends are likely to persist, underscoring the need for cautious and stock-specific strategies in the current environment.