As IT stocks drag the market down, these 3 micro-caps are quietly breaking out

D-street witnessed a wave of bearish momentum last week, which was led by the underperformance of major IT stocks like TCS (-4.50%), HCL Tech (-5.08%), Infosys (-2.79%), Tech Mahindra (-3.18%), and Wipro (-4.35%). These stocks saw significant corrections, putting pressure on the benchmark Nifty50 index.

While Nifty50 seems to be losing its momentum, micro-cap stocks signal an opportunity for traders, as a few of the stocks are witnessing fresh breakouts in the current market scenario.