New Delhi:The beginning of the week was not good for Nifty 50. It opened flat at 17,863 and then fell to 17,600. The quarterly results of Infosys, the country’s second largest IT company, have not been as per expectations. Due to this, IT stocks fell the most. The IT sector fell more than six per cent. It is among the worst performing sectors today. After TCS, Infosys also failed to live up to the expectations of the market. The company had announced its March quarter results on Thursday. On Friday, there was a holiday in the stock market on account of Ambedkar Jayanti. Therefore, the first reaction of the market was seen on this on Monday. Despite the fall in the frontline indices, the performance of Broader Markets was better. NSE Midcap 100 (NSE Midcap 100) declined by 0.10 percent and NSE Smallcap 100 (NSE Smallcap 100) by 0.18 percent. The advance-decline ratio is negative on NSE. 1151 stocks declined while 768 stocks advanced. But you do not need to be disheartened by the fall in the market. There is some good news for you too. We have put together a list of stocks which are undergoing a price breakout. These stocks can outperform the market and boost your portfolio. So keep an eye on these stocks and take advantage of the opportunity.
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