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 Tuesday, Nifty opened flat amid mixed global cues. The initial hour of the session was terrific as Nifty gained about 250 points but then, it was struggling to hold on to its gains. We witnessed huge volatility as the session progressed and Nifty continued to swing in either direction. The last hour of the session was marked by severe sell-off as Nifty was dragged heavily by the bears and it closed below the 17,000 mark. India VIX, which was down over 8 per cent in the morning, closed a per cent up!

Nifty IT, Nifty FMCG, Nifty Pharma & Nifty Realty ended marginally up while the banking and metal indices faced the heat. The top losers for today’s session include Tata Steel and Kotak Mahindra Bank while the top gainers were Power Grid Corp & Titan Company.      

Given the fact that the market fell towards the end, it would be interesting to know which stocks showed the opposite reactions. 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: