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.

Nifty ended the week on a weaker note as it slipped by a per cent. It opened 23 points higher and soon, tested the 17,500-level mark. Thereafter, Nifty fell about 300 points and closed near 17,200. It was a volatile day for Nifty as it swung in either direction. Meanwhile, India VIX shot up by 2 per cent.   

Besides, all the sectoral indices of Nifty ended in red except for Nifty Media, which ended 1.73 per cent up. Stocks that dragged Nifty down were Reliance and Kotak Mahindra Bank as both tanked over 2.5 per cent each. The top gainers’ list includes UPL and BPCL.  

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