These 18 stocks are still available at 25-40% discount to their all-time highs

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These 18 stocks are still available at 25-40% discount to their all-time highs

The BSE 500 index, which includes all these stocks, fell 7 percent from the start of the year till March 23 and then it rallied nearly 11 percent from that day's closing levels. It is more than 150 points away from its record high of 15,660.94 touched on January 24, 2018.

Bulls have been leading from the front on the Street for more than a month now. The gradual recovery after February-March correction started in the last week of March. The 30-share BSE Sensex has rallied around 5,000 points from March-lows to hit the psychological mark of 38,000 on Thursday.

While it took more than four-and-half-months to touch that level, the last leg of the gains — 3,000 points — was only seen in the month of July. Even the 50-share NSE Nifty added around 1,500 points from March-lows and is just a few points away from its 11,500-mark.

Overall, the Sensex has gained 11 percent and Nifty nearly 9 percent in 2018. Things are also improving in mid and small caps, but they are still down 9-12 percent this year.Source-www.moneycontrol.com

After the sharp correction is seen a couple of months ago, a lot of stocks, with strong fundamentals and for which analysts expect robust earnings growth, started recovering along with frontline and broader indices, but are still away from their all-time highs hit this year.

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