8 Red Weeks, 2 Green Days: Finding the Fastest Recoverers and the Stocks Still Bleeding
The Nifty 50 just closed eight weeks in a row in the red — from 24,570 on 7 August to 22,422 on 1 October, a fall of 8.7%. Then, this Monday and Tuesday, it finally printed two green days: +0.60% and +0.98%.
Moments like this produce the same two questions on every trading desk: who is bouncing hardest? and who hasn't bounced at all? Both are questions about extremes — and both are surprisingly awkward to answer with a traditional screener. Here's how to answer them in about thirty seconds each.
Why look at the extremes after a turn
After a long decline, the first few green days tell you very little about the index — but a lot about individual stocks. The names that bounce hardest off a deep fall are showing where buyers returned first. The names still sliding while the index lifts are showing where selling hasn't finished. Neither is a signal on its own; together they give you a sharper watchlist than “the market is up today.”
The catch is that both questions need two time windows at once: how far a stock fell over eight weeks, and how it has moved since the low. Most screeners only let you filter on one period at a time.
Screen 1 — the fastest recoverers
The prompt, typed exactly like this into Sortefi with the India market selected:
“Nifty 500 stocks that fell more than 10% from the close on 7 Aug 2026 to the close on 1 Oct 2026, ranked by the biggest % gain from the 1 Oct 2026 close to the latest close. Top 20, daily candles.”
Nearly 200 of the roughly 490 Nifty 500 stocks with data fell more than 10% over those eight weeks. Among them, these bounced hardest since 1 October (top 10 of 20, closes as of 7 October):
| # | Stock | 7 Aug → 1 Oct | Since 1 Oct |
|---|---|---|---|
| 1 | TRENT · Trent | −14.0% | +12.1% |
| 2 | HONASA · Honasa Consumer | −10.1% | +11.9% |
| 3 | BSE · BSE | −11.9% | +10.4% |
| 4 | PGEL · PG Electroplast | −23.7% | +8.8% |
| 5 | DEEPAKFERT · Deepak Fertilisers | −15.0% | +8.0% |
| 6 | KALYANKJIL · Kalyan Jewellers | −13.4% | +8.0% |
| 7 | GRAVITA · Gravita India | −18.6% | +6.5% |
| 8 | SCI · Shipping Corporation of India | −12.1% | +6.5% |
| 9 | AWL · AWL Agri Business | −10.9% | +6.5% |
| 10 | POLICYBZR · PB Fintech | −39.1% | +6.1% |
Two things stand out. Several names have already retraced most of their eight-week fall in under a week — Trent, Honasa and BSE are each back within a few percent of where they started. And PB Fintech is on the list despite a 39% fall: a 6% bounce off a deep hole is a very different picture from a 6% bounce off a shallow one, which is exactly why the “fell more than 10%” condition matters.
Screen 2 — the stocks still bleeding
“Nifty 500 stocks with the biggest % fall from the close on 7 Aug 2026 to the close on 1 Oct 2026, that are still trading below their 1 Oct 2026 close. Top 20, daily candles.”
These are the deepest eight-week losers that did not join the bounce — every one of them is lower today than at the 1 October close (top 10 of 20):
| # | Stock | 7 Aug → 1 Oct | Since 1 Oct |
|---|---|---|---|
| 1 | ZEEL · Zee Entertainment | −23.6% | −2.3% |
| 2 | GODREJPROP · Godrej Properties | −22.9% | −1.1% |
| 3 | KEC · KEC International | −22.4% | −2.6% |
| 4 | KPITTECH · KPIT Technologies | −21.6% | −1.4% |
| 5 | OLECTRA · Olectra Greentech | −20.6% | −1.2% |
| 6 | ABREL · Aditya Birla Real Estate | −20.5% | −5.2% |
| 7 | TATATECH · Tata Technologies | −20.0% | −0.2% |
| 8 | ARE&M · Amara Raja Energy & Mobility | −19.9% | −2.1% |
| 9 | CESC · CESC | −19.6% | −0.4% |
| 10 | SUZLON · Suzlon Energy | −19.1% | −1.5% |
The second condition is doing the real work here. Plenty of stocks fell 20%; the ones worth watching closely are the ones that kept falling while the index lifted.
The bigger picture: a narrow bounce
Put the two screens side by side and the shape of the market becomes clearer than the index alone suggests. Across the Nifty 500, the typical stock is up just 0.5% since 1 October, and 207 of 494 are still below their 1 October close. The headline index bounced; a large share of the market didn't. Two green days after eight red weeks is a pause until proven otherwise — screens like these are how you see where it's turning first, stock by stock.
Run it yourself — with your own dates
The screens are reusable for any market turn. A few tips that make them reliable:
- Pin exact dates. “From the close on 7 Aug to the close on 1 Oct” is unambiguous; “the last eight weeks” shifts every day.
- Watch for holidays. 2 October was a market holiday, so the last close of the losing streak was Thursday 1 October.
- Name the universe. “Nifty 500 stocks” keeps illiquid small caps out of a “biggest gainers” list, where they would otherwise dominate.
- Change one thing at a time. Swap the 10% threshold, the index (“Nifty Midcap 150”, “Nifty Bank”) or the dates, and compare.
Each list exports straight to your charting platform, so the whole routine — two questions, two lists, onto your charts — takes a couple of minutes after the close.
Figures are closing prices on 7 Aug, 1 Oct and 7 Oct 2026 from Sortefi's NSE daily data; percentages are rounded. This article is educational and is not investment advice.