On Wednesday, the Sensex gained by 242 points to close at 61,275.09, while the Nifty 50 gained by 86 points to close at 18,015.85

Stocks in the banking, media and metal industries were in high demand, while pharma, healthcare and real estate stocks experienced some selling pressure.

Nifty 50 opened higher, as evidenced by SGX Nifty. In this post, we have highlighted strong breakout stocks that are experiencing a solid technical setup.

Amidst all this chaos, there was a group of stocks that hogged most of the limelight. These stocks belonged to shipbuilding companies and they rose between 4 and 13 per cent on a black Monday.