Know which small-cap and mid-cap stocks staged smart recovery from days low!

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Know which small-cap and mid-cap stocks staged smart recovery from days low!

We will look for those stocks that have seen good recovery from the lower levels in the small-cap and mid-cap space. So, here is the list: 

Nifty bulls have hit back-to-back centuries; as a result, the index has gained more than 1.5 per cent in the last two trading sessions. The broader market indices i.e. Nifty Midcap 100 and Smallcap 100 rose by 0.43 per cent & 0.44 per cent, respectively, thereby, unperforming the frontline gauge.   

Among the sectoral indices, the majority of the sectors witnessed buying interest with Nifty Energy leading from the front, followed by Nifty IT and Nifty Media. While on the other hand, Nifty Realty and Nifty Pharma were the top losers.   

Many stocks made a new high during Tuesday’s session while some even recorded double-digit gain. Though the momentum is strong in such stocks yet the risk-reward is not so favourable at the current juncture. Hence, we will look for those stocks that have seen good recovery from the lower levels in the small-cap and mid-cap space. So, here is the list: 

Name of the stocks   

GLENMARK  

KPITTECH  

LALPATHLAB  

LTTS  

PHOENIXLTD  

RBLBANK