At 11 am on Friday, the headline equity indices, i.e. Sensex and Nifty 50 are trading flat, owing to a quiet trading session in the US market.   

The shares of Inflame Appliances saw a jump of over 6.41 per cent on Friday's trading session. Inflame Appliances shares saw a price volume jump on Friday and also on Thursday's trading session this week. The reason for recent optimism in Inflame Appliances shares has been the allotment of 61,000 equity shares of the face value of Rs 10/- each, for cash, for Rs 382/- per equity share (including a share premium of Rs. 372 per equity share) aggregating to Rs. 25,25,02,000/- on preferential basis to non-promoters. 

At the opening hour, the markets were trading in the green on June 30.  

Trend reversal happens when any stock jumps more than 20 per cent from its yearly lows. 

Going ahead, the stock selection is going to be of paramount importance and hence, we have chalked down a list of stocks that are likely to outperform. Here is the list of stocks:  

After hitting a record high on January 17, 2022, during the last one month, domestic equities have dropped sharply by about 6 per cent followed by some recovery but remained rangebound and depicted volatility.