Stocks That Came Back Strongly After Recent Selloff

The Sensex fell 3.5 per cent in the week gone by, partly recovering from the Monday's carnage in which the benchmark index saw its biggest single-day fall in terms of absolute value. The Sensex had crashed 1,625 points, or nearly 6 per cent, last Monday on selloff in Chinese stock markets which had its spiraling effect on the global stock markets.  In the past eight sessions, the Sensex had slumped nearly 5.6 per cent. 

The magnitude of selloff was so intense on Monday that it wiped out Rs 7 lakh crore of investors' wealth. Most of the blue-chop stocks were not spared from the carnage. Reliance Industries plunged nearly 8.6 per cent, ICICI Bank tanked nearly 9 per cent, State Bank of India declined 8.2 per cent while HDFC fell 5 per cent to mention just a few. 

The selling pressure in the markets last Monday was not only restricted to the blue-chip counters. The BSE mid-cap index plunged 7.68 per cent while the small-cap index tumbled 8.8 per cent.

Here are some stocks which managed to come back strongly after the recent selloff.