Chart: 15 stocks in Nifty 500 continue to rise despite volatile sentiment

Volumes spurt were significantly higher during strong positive closes than during negative sessions.

Avdhut Bagkar Mumbai
Illustration: Binay Sinha
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Stock trading with strong positive bias

Despite the stock market undergoing severe volatility, 15 stocks in Nifty 500 clinched over 10 per cent gains so far in the January 2023. Max Financial Services, Persistent Systems, Swan Energy, Hindustan Copper, and Rajesh Exports are the top gainers surging 25 per cent, 18 per cent, 17 per cent, 16 per cent and 15.50 per cent, respectively. 
Remaining 10 stocks gained between 10.50 per cent to 15 per cent, which includes well-known names like Coforge, Hindustan Zinc, CG Power and Industrial Solutions, Rail Vikas Nigam.
One of the reasons for these stocks to outperform others is due to their gradual upside supported by inclusive volumes, especially when compared to their volumes during declines. Volumes spurt were significantly higher during strong positive closes than during negative sessions.  

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Max Financial

  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 5Y
  • MAX

First Published: Jan 25 2023 | 11:10 AM IST

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