KEC Intl, Macrotech: 5 Nifty 500 stocks that are on the verge of a breakout

KEC International and Shriram Transport Finance can soar up to 22 per cent, while Macrotech Developers, Gujarat Fluorochemicals and Godrej Consumer can rally up to 15 per cent, show charts.

The Nifty 500 index has surged over 7 per cent beating the BSE Sensex and Nifty 50 benchmarks, which gained around 5 per cent each during the recent market pullback. 

The Nifty 500 had dipped a low of 12,855 in June 2022 and currently hovers 7.3 per cent higher from its lows. The index came within striking distance of the 14,000-mark last week, reaching a high of 13,905.

Select stocks like - Gujarat Fluorochemicals , one of the oldest chemical company clocked a new historic peak. KEC International, Macrotech Developers, Shriram Transport Finance Company and Godrej Consumer Products too recorded