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Global equity markets have been in turmoil lately, with major US indices plunging as much as 20 per cent from their historic highs. Similarly, Indian equities, too, have witnessed relentless selling pressure with the benchmark indices 16 per cent lower from October 2021 peaks.
While several stocks seem to have entered a bear phase, select stocks continue to buck the trend, offering opportunities for a portfolio reshuffle.
Technically, shares trading at higher territories, i.e. either closer to 52-week highs or all-time highs, suggest that the stocks have witnessed little or no impact of the overall bearishness.
Five such stocks, including
