Indian stock market slides, but 28 Nifty 500 stocks hit fresh 1-year highs this week; MCX, PVR Inox among them
AI Summary
The resilience of certain stocks like Welspun Corp and Zydus Lifesciences amidst a broader market downturn highlights a selective investment approach by retail investors. This trend suggests that while the overall market faces pressure from geopolitical tensions and rising bond yields, sectors such as healthcare and infrastructure may offer opportunities for growth. Investors should remain cautious, focusing on companies with strong earnings visibility as the market navigates these turbulent conditions.
Welspun Corp, Zydus Lifesciences, Engineers India, and Indegene were among over two dozen Nifty 500 stocks that hit fresh 1-year highs this week, even as the sell-off in the Indian stock market deepened.
These stocks, spanning from healthcare to financials, have defied the market weakness to reach fresh milestones as investors appeared to adopt selective buying, given the current market conditions, which are being dominated by elevated crude oil prices and surging global bond yields.
Original Article
Published on Livemint
Frequently Asked Questions
What is this article about?
This is a market news update from Livemint, published on 25 September 2026.
Is this news positive or negative for markets?
TopFund's automated sentiment analysis reads this article as neutral in tone, based on the language used in the report. This is a general signal, not investment advice.
Where can I read the full article?
The full article is available at the original source, Livemint — see the "Read Original Article" link on this page.