Broader markets outperform; watch out for these midcap and smallcap stocks bearing outperformance potentiality

Indian markets are seeing trading in green with Nifty and Sensex being up by 0.31 per cent & 0.24 per cent, respectively. However, what’s special on Tuesday is that the broader markets are seen outperforming the frontline gauges with Nifty Midcap 100 and Smallcap 100 advancing by 0.97 per cent & 0.68 per cent, respectively.   

Considering that we are seeing outperformance from the broader markets, we will look for the stocks that are crossing their previous day’s high in the early deals as these could give us a trigger of the stocks that could outperform or deliver alpha returns in the coming days. Hence, watch out for these stocks that are seen crossing their previous day’s high.   

The list comprises 21 such stocks: