MARTHA Stewart recovered from her first-day ratings stumble and, in her second day, beat “The View” here.

New York numbers indicate that Martha’s new daytime show is building audience quickly.

Her Tuesday show – a heavily promoted episode in which she and everyone in the audience wore her trademark ponchos – was No. 2 at 11 a.m.

Only “The Price is Right” on Ch. 2 drew more viewers.

On Monday, her debut, Martha was ranked third.