Business

IIE DIGITAL DESK: In a market characterized by volatility, a select group of stocks managed to buck the trend yesterday and continue to display impressive strength today. These resilient performers have captured investor attention, demonstrating robust momentum despite broader market fluctuations.

Leading the pack is Reliance Industries, which has sustained its upward trajectory owing to strategic investments and strong quarterly results. The company's diversification into various sectors has bolstered investor confidence, propelling its stock price higher.

Another standout is Infosys, which has maintained its positive momentum following an impressive earnings report. The IT giant's consistent performance and optimistic outlook on future growth continue to attract investors.

Among the banking stocks, HDFC Bank and ICICI Bank have shown remarkable resilience. HDFC Bank's aggressive expansion strategy and ICICI Bank's improvement in asset quality have made them favorites among market participants, contributing to their sustained strength.

On the flip side, Tata Motors has faced challenges but remains a stock to watch due to its potential for recovery. ITC, despite regulatory concerns affecting its tobacco business, continues to attract interest due to its diversified portfolio.

As these stocks continue to defy market trends, investors are advised to keep a close eye on their performance, as they could play a pivotal role in the market's overall direction in the coming days.Dalal Street kicked off the week in turmoil, with investors scrambling to book profits as the yen carry trade unwound and recession fears gripped the market. This global sell-off saw foreign investors pulling out of Indian stocks, erasing over Rs 15 lakh crore in investor wealth.

Despite the chaos, some stocks weathered the storm and even grew investor wealth. From defensive plays to those boosted by the Budget and strong earnings updates, several stocks stood out. Here’s a rundown of the top performers.