Few stocks that trade below Rs 100 per share are seen outperforming the markets while few of them are seen locked in the upper circuit on an intraday basis.

Several IT stocks were seen outperforming the markets in the week gone by with few of them gaining up to 34 per cent in one week alone.

 Several mid cap stocks however were seen outperforming the markets in the past one week.

Several small cap stocks were seen outperforming the markets in the past one week with few gaining by more than 10 per cent each in the similar period.

While there was weakness in the market, several textile stocks were seen outperforming the benchmark indices. Some of the textile companies were seen gaining by more than 46 per cent in one week alone.

The shares of Escorts gained by more than 19 per cent on Thursday with a spurt in volume of over 6 times. A huge breakout was seen in the share price of Escorts as Kubota announced that it will to increase its stakes in Escorts.

On Thursday, the BSE Sensex is down by nearly 400 points even as the broader markets are seen underperforming the key benchmark indices on Thursday.

Strong buying in JCT ensured that the stock gets locked in the upper circuit in Wednesday trading session. The volatile penny stocks, JCT has previously struggled to trade above Rs 4 per share.

There was optimism in Vedanta shares as the company announced its intention to unlock value and demerge its entities. Vedanata is believed to have unveiled plans to list its alumnium, iron and steel, and oil & gas business as separate entities.

We have identified three small cap stocks that have given a price volume breakout and suggest continuation of positive trend.