These stocks defy market volatility, extend rally beyond US-Iran ceasefire
The US-Iran war, which commenced on February 27, caused significant volatility in the equity markets, impacting key benchmarks. By October, the Nifty 50 index exhibited a dramatic shift, rising from 22,421 to 25,178. Midcaps and smallcaps mirrored...
The Nifty 50 moved from 22,421 at the start of the conflict to 23,997 by April 8, when Donald Trump first announced a ceasefire, before climbing further to 25,178 on October 1.
The US-Iran war that began on February 27 triggered sharp swings across equities, with benchmarks struggling to find direction.
The Nifty 50 moved from 22,421 at the start of the conflict to 23,997 by April 8, when Donald Trump first announced a ceasefire, before climbing further to 25,178 on October 1.
Midcaps and smallcaps mirrored the volatility — the Nifty Midcap 150 at 21,643 on October 1 versus 20,909 in April, and the Smallcap 250 at 17,589 compared with 15,483 in April.
Yet, amid this backdrop, a set of stocks across segments have managed to deliver steady gains, extending their rally even after the ceasefire. A look at the stocks across market caps that have bucked the weak trend.
