Friday, April 25
Mumbai: The stock market sell-off over the past seven trading sessions has caused many shares to drop 10-40%. However, more than a dozen stocks have remained resilient, gaining 5-29%, building on their over 25% returns in 2024. These include PTC Industries, Indo Tech Transformers, Goldiam International, Shakti Pumps, Lloyds Metals, Vijaya Diagnostic Centre, Pokarna, and Sundaram Clayton, among others. So far this year, the Nifty fell 2.36%, Nifty Midcap 150 declined 4.14%, Smallcap 250 dropped 9% and Microcap 250 shed 8.36%.Analysts attribute this resilience to recent re-ratings. For example, engineering firm PTC Industries has surged 28% this year after a 124% rally in 2024. "With a high moat, entry barriers, sharp earnings growth, and superior returns on capital employed, PTC is likely t
Mumbai: The Nifty Next 50 index, comprising 50 stocks ranking just below the Nifty's 50, became the first benchmark index this year to enter bear territory, declining more than 20% from its 52-week highs. The index dropped 4.3% on Monday and is now down 21.09% from its yearly high on September 27. In comparison, the benchmark Nifty is 12% below its peak level on September 27, while the Nifty Smallcap 100 and Nifty Midcap 100 indices are trading 14% below their highs. 117218180When an index declines over 20% from a 52-week, it is considered to be in a bearish phase.The Nifty Next 50 represents 50 companies from the Nifty 100, excluding those in the Nifty 50. Over the six months ending September 2024, its constituents accounted for about 15% of the NSE's total traded value.Seven stocks from
