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Adani Ports, Bajaj Finance: These 62 stocks in Nifty500 promise smart gains

Among the Nifty 500 stocks, nearly 370 stocks are trading on the upper side of the momentum indicators

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All these stocks are showing strength on their monthly charts with the trend expected to stay positive going-forward.

Avdhut Bagkar Mumbai
Markets witnessed some profit-booking on Tuesday amid soured global sentiment as Germany, the Netherlands, and London announced imposition of stricter lockdowns in the wake of surge in Covid-19 cases. TRACK MARKETS HERE

Such intermediate corrections, analysts say, are healthy in a market where benchmarks have recovered sharply from their March 2020 lows and are trading near their respective record high levels. The highlight of this market rally, however, remains recovery in the broader markets where mid and small caps are ruling at the bourses with strong optimism.

As per the technical charts, among the Nifty 500