These small-cap and mid-cap stocks staged smart recovery from days low!
On Tuesday, Nifty started off with an 85-point gap-down opening. It was under pressure right from the beginning and was seen falling towards the key support of 17,200. From there, it showed a splendid recovery and closed above 17,324 at the end of the day. It experienced huge volatility throughout the day as it made swings in both directions. Moreover, India VIX climbed over 2 per cent.
The top gainers of the day were Power Grid Corporation and Divi’s Labs, whereas the top losers included ITC and Bajaj Finance. Considering the fact that the market made a good recovery from its lows, it would be interesting to see which stocks behave in a similar way. Recovery from the low suggests strong buying zones while these stocks are likely to trend tomorrow.
So, let us look at the stocks that recovered from the day’s low:
AMARAJABAT
|
BAJAJCON
|
CAPLIPOINT
|
CARBORUNIV
|
ISEC
|
MHRIL
|
MINDTREE
|
ROUTE
|
VOLTAS
|