Top Losers Today 02-Apr-2026: Stocks Facing Selling Pressure

Indian benchmark indices ended a volatile session with marginal gains on April 2, 2026, as the Nifty 50 edged up 0.15% to close at 22,713.10 and the Sensex rose 0.25% to 73,319.55. However, market breadth was skewed towards sellers, with significant profit-taking witnessed in specific sectors. The day's biggest losers were concentrated in the auto, pharmaceutical, and chemical industries, indicating sector-specific headwinds amidst a flat broader market.

Large Cap Top Losers

Torrent Pharmaceuticals Ltd (-2.84%) Shares of Torrent Pharmaceuticals declined as part of a broader sell-off in the pharmaceutical sector. The stock faced selling pressure amid profit-taking across major pharma counters, reflecting a negative sentiment for the industry on Thursday.

Pidilite Industries Ltd (-2.69%) Pidilite Industries' stock fell, trading near its 52-week low of Rs 1,268.35. The decline reflects sustained selling pressure on the counter, with investors reacting to broader concerns in the chemical and adhesive space.

Eicher Motors Ltd (-2.61%) Eicher Motors shares dropped due to widespread weakness in the automotive sector. The Nifty Auto index closed in the red, putting pressure on major auto manufacturers, including Eicher Motors, amid concerns over demand.

Asian Paints Ltd (-2.46%) The stock of Asian Paints continued its downward trend, approaching its 52-week low. The persistent selling indicates investor concerns, possibly linked to raw material cost volatility and competitive intensity in the paints sector.

Hero MotoCorp Ltd (-2.16%) Hero MotoCorp's shares slid, mirroring the negative performance of the broader auto index. The two-wheeler manufacturer was impacted by the sector-wide bearish sentiment that affected most major auto stocks during the session.

Mid Cap Top Losers

United Breweries Ltd (-6.17%) United Breweries witnessed a sharp correction, emerging as one of the top mid-cap losers. The significant price drop occurred without any specific company announcement, suggesting intense profit-booking by investors.

SRF Ltd (-5.47%) Shares of SRF Ltd declined sharply amid broad-based selling in the chemical sector. The stock moved closer to its 52-week low, indicating strong bearish momentum and investor concerns about the industry's outlook.

LG Electronics India Ltd (-4.98%) LG Electronics India plunged, hitting a new 52-week low of Rs 1,300.40 during the session. The fall was accompanied by high trading volumes, signaling aggressive selling as the stock breached a key technical support level.

Nippon Life India Asset Management Ltd (-4.24%) The stock fell sharply following a massive build-up of short positions in the derivatives market. Data indicated an 85.96% surge in open interest alongside the price drop, suggesting traders were betting on further downside for the asset management company.

Aster DM Healthcare Ltd (-4.22%) Aster DM Healthcare shares declined, caught in the broader sell-off affecting the healthcare and pharmaceutical sectors. The stock corrected from its recent highs as investors booked profits amid weakening sentiment for the industry.

Small Cap Top Losers

Ahmedabad Steelcraft Ltd (-20.00%) Ahmedabad Steelcraft was locked in the 20% lower circuit, hitting a new 52-week low at Rs 104.00. The steep fall indicates an absence of buyers and intense selling pressure, with no immediate corporate filings to explain the move.

AVG Logistics Ltd (-11.90%) Shares of AVG Logistics tumbled to a new 52-week low as investor sentiment remained weak. The continued decline appears to be driven by concerns over the company's fundamentals, including a decrease in promoter holdings and a high percentage of pledged shares.

Acutaas Chemicals Ltd (-9.28%) Acutaas Chemicals saw significant profit-taking after a strong performance over the past year. The decline was marked by high trading volume, suggesting that investors are booking profits amid broader caution in the specialty chemicals space.

Supreme Holdings & Hospitality Ltd (-9.19%) The stock continued its downward trajectory, moving closer to its 52-week low. The selling pressure is likely linked to investor concerns over the company's poor sales growth and low return on equity, which have been highlighted as fundamental weaknesses.

GTV Engineering Ltd (-8.89%) GTV Engineering shares fell sharply after financial data revealed a significant contraction in its topline. Reports of a 16.34% year-on-year sales de-growth, the first such decline in three years, triggered negative investor reaction and led to the stock's decline.

Market Overview

The Indian stock market closed on a mixed note on Thursday. While the benchmark Nifty 50 and Sensex managed to close with minor gains, up 0.15% and 0.25% respectively, the underlying market sentiment was cautious. Broader markets witnessed selling pressure, with many stocks hitting their lower circuits or 52-week lows.

Sectoral performance was divergent, with the Nifty IT index gaining a robust 2.60%, which provided crucial support to the headline indices. In contrast, the Nifty Auto index fell by 0.62%, and significant weakness was observed across pharmaceutical, specialty chemical, and consumer durable stocks. This divergence highlights a risk-off mood in specific pockets of the market, with investors rotating out of sectors facing headwinds.

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