These small-cap and mid-cap stocks staged smart recovery from days low!
On December 9, Nifty opened with a gap-up of 55 points. The first hour of the trading session saw Nifty falling about 150 points. However, it was able to bounce back and ended the weekly expiry above 17,500. It was a volatile day for Nifty as it made swings in either direction. India VIX fell almost 4 per cent thereby, ending in red for the third straight day.
The stocks that supported Nifty were ITC, Larsen & Toubro, UPL, and Reliance while the ones performing poorly today include HDFC Bank, Titan Company & Nestle. Given the fact that the market recovered from its low, it would be interesting to know which stocks showed a similar reaction. 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:
BSOFT
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CANBK
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CUMMINSIND
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DCBBANK
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ERIS
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EXIDEIND
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FORTIS
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GSPL
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IBULHSGFIN
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INTELLECT
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JUBLINGREA
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L&TFH
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PERSISTENT
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STARCEMENT
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UNIONBANK
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WELCORP
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