These smallcap and midcap stocks staged a 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 November 24, Nifty started its day on a positive note due to the good sentiment of the last trading session. The first hour of Nifty was quite volatile as it made the swing on either side. Nifty was able to continue the good momentum for most of the day as it inched towards 17,600. However, in the latter half of the session, Nifty fell by more than 250 points from its high. In the end, it closed 88 points below at 17,415, down by half a per cent. It was a disappointing day for the bulls as they couldn’t hold Nifty till the end of the day and their struggle to find the momentum continues.
In today’s trade, Nifty was held up by Adani Ports and ONGC, which shot up by more than 4 per cent each. Tata Consumer Products and Eicher Motors were the top losers and were down by about 2.5 per cent each. Given the fact that the market didn’t end on a good note, it would be interesting to know which stocks performed well during this period and have recovered from the day’s low. 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: