These smallcap and midcap stocks staged a smart recovery from days low!
It was been a splendid day for the Indian market as Nifty surged 1.5 per cent while Sensex gained over 800 points. Right from the beginning, Nifty continued to trade strong and broke the resistance of 17,100 decisively. It tested the level of 17,200 but could not close above it. Nevertheless, broader indices remained strong, and every index ended in the green. Moreover, India VIX crashed 8 per cent.
The top gainers majorly include metal and banking stocks. Hindalco, Tata Steel & ICICI Bank were included in the list while the ones that stayed weak were Cipla, Britannia, and Divi’s Labs.
Considering the fact that the market stayed strong the entire day, it would be interesting to see which stocks recovered towards the end. 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:
AVANTIFEED
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BHARATFORG
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COFORGE
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GODREJPROP
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HINDZINC
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JUBLINGREA
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KRBL
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MINDTREE
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SRTRANSFIN
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STARCEMENT
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VAIBHAVGBL
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