These small-cap and mid-cap stocks staged smart recovery from days low!
Recovery from the lower levels indicates that the market participants actively participated in these stocks at the lower levels.
On December 6, Nifty kicked off by opening 13 points higher. It fell as soon as the opening bell rang and fell 100 points sharply within the first 30 minutes. The selling pressure persisted throughout the day and Nifty closed at the day’s low. It was a disappointing day for the bulls as they were outpowered by the bears throughout the day. What’s even more disappointing is that India VIX went up by 9 per cent, which indicates that weakness might persist for some more time.
The only stock in today’s top gainer list is UPL, which climbed half a per cent. The top losers include Coal India, IndusInd Bank, Tata Consumer Products, and HCL Technologies. Given that the market didn’t even try to recover and ended at the day’s low, it would be interesting to see which stocks showed a splendid recovery. Recovery from the lower levels indicates that the market participants actively participated in these stocks at the lower levels.
So, here is the list of stocks that recovered from their lows:
INDIANBANK
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KALPATPOWR
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SUVENPHARMA
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