These Nifty Midcap & Smallcap 100 stocks witness good delivery volumes despite market fall!

On Tuesday, Nifty recorded its third straight day of losses and along with this, for the second day in a row, it managed to close below its 20-DMA.  

In the last three trading sessions, Nifty has corrected almost 300 points. Like in the past, we have seen that corrections in markets are welcomed as a buying opportunity, and hence, when the tide starts to shift, it’s important to have a list of stocks ready with you. So, in case the direction of markets starts to reverse on the bullish side, you can take advantage of this.   

So, one way to take advantage of this is to select stocks, which have seen good delivery accumulation in the last trading session.   

Delivery volume indicates the numbers of shares that are taken for delivery i.e. shares bought with an intention of holding more than a day. It can be for a week, few months, or even years. By taking the delivery of the stock, market participants show their commitment to the prospect of the stock.  

So here is the list of stocks from Nifty Midcap 100 as well as Nifty Smallcap 100, which have seen delivery in excess of 60 per cent on Tuesday. 

Nifty Midcap 100 stocks: 

Nifty Smallcap 100 stocks: