List of stocks bucking negative trend of market: Do you have these outperforming stocks? If not, check out why they should be on your radar!
These stocks are seen outperforming the market and must be on your radar.
Indian markets witnessed a rough start on Friday amid concerns related to a new strain of virus. Nifty and Sensex lost over 1.5 per cent each. Both Nifty and Sensex slipped below their important psychological mark of 17,300 and 58,000, respectively.
The performance of the benchmark indices is in line with the frontline gauge as Nifty Midcap and Smallcap dropped 1.65 per cent & 1.23 per cent, respectively.
India VIX has jumped over 7 per cent and is inching close to the 18-mark.
The advance-decline ratio is in favour of decline as 1,238 stocks were seen trading in red while only 509 stocks were seen trading in green.
Amidst all these, there are certain stocks that have caught the attention of the market participants. These stocks are seen outperforming the market and must be on your radar.
Nitiraj Engineers: The stock got locked at its upper circuit limit of the day and also, marked a fresh all-time high on Friday. The last traded price of the stock on NSE stands at Rs 71.40.
R Systems International: The stock has marked a fresh 52-week high on Friday and it is currently trading up by over 8 per cent at Rs 311.60.
SBC Exports: The stock has marked a fresh 52-week high of Rs 113.40 on Friday and it is currently trading at Rs 111.80, up by 8.44 per cent.