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Infy, Adani Ent, Cochin Ship among 5 oversold stocks; trading strategy here

Infosys, Adani Enterprises, Cochin Shipyard, IFCI and UCO Bank are technically trading in the oversold zone, as per the RSI indicator; charts hint up to 23% downside risk for these 5 stocks.

Markets, Buy, Sell, Stocks
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Oversold stocks on charts: Infosys, Adani Enterprises, Cochin Shipyard, IFCI and UCO Bank. (Photo: Shutterstock.com)

Rex Cano Mumbai

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Equity markets in India have been under pressure amid the US tariff worries in recent trading sessions. The National Stock Exchange (NSE) benchmark - Nifty 50 index has shed 5 per cent from its 2025 high of 25,669 in little more than a month. Similarly, the broader Nifty 500 index too has declined around 5 per cent from its calendar year peak.  Amid this broad-based sell-off several stocks are now seen trading in oversold territory on the technical charts. A study of the Nifty 500 stocks reveals that as of today (Friday) 35 out of the