From The Economic Times · Shailesh Kadam · · 1m
Stocks Defy Volatility After US-Iran Ceasefire
Nifty 50 surges past 25,000 despite US-Iran war chaos.
In brief
Nifty 50 surges past 25,000 despite US-Iran war chaos. Indian stock indices rose to 25,178 on October 1 after US-Iran ceasefire, bucking market volatility. Originally reported by The Economic Times.
Nifty 50 climbs to 25,178
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.
Market volatility during conflict
The US-Iran war that began on February 27 triggered sharp swings across equities, with benchmarks struggling to find direction.
Mid and smallcap indices rise
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.
Steady gainers buck trend
Yet, amid this backdrop, a set of stocks across segments have managed to deliver steady gains, extending their rally even after the ceasefire.
Key stocks defy market swings
Largecaps bear brunt of selloff as 84% of Nifty50 stocks slip below 200-DMAs.
The short version
Indian stock indices rose to 25,178 on October 1 after US-Iran ceasefire, bucking market volatility.
