Despite a market crash wiping ₹20 lakh crore, select NSE Nifty 100 & BSE 100 stocks like Siemens and Britannia posted surprising gains. See full list.
In one of the most volatile trading sessions of the year, the Indian stock market experienced a massive collapse on Monday, April 7, amid growing global economic uncertainty and weak cues from US markets.
Sensex plunged by over 2200 points to close at 73,100
Nifty 50 sank below the 22,200 mark
Investor wealth eroded by an estimated ₹20 lakh crore
Despite this sharp downturn, a few resilient stocks from NSE Nifty 100 and BSE 100 defied the market trend and posted notable gains.
Weak Wall Street performance last Friday dragged Asian and European indices.
Rising global recession fears triggered massive selloffs.
Geopolitical tensions and trade conflicts added to investor anxiety.
FII (Foreign Institutional Investors) pulled out significant capital from Indian equities.
Even as the broader market bled red, some large-cap stocks showed unexpected strength:
Closed at ₹2832, up 15.59%
Benefited from its ex-demerger status and strong institutional buying.
Closed at ₹5060, up 0.73%
FMCG stocks offered defensive play during market volatility.
Closed at ₹532, up 0.72%
Cement sector showed resilience amid infrastructure push expectations.
Closed at ₹1162.10, up 0.48%
Demand for personal care products remained stable.
Closed at ₹2250, up 0.24%
One of the only green stocks on Sensex today.
Ended at ₹2814.65, up 9.48%
Closed at ₹5056.05, up 0.62%
Closed at ₹2250.15, up 0.25%
Closed at ₹1159.45, up 0.20%
These performances suggest that consumer goods, cement, and industrial segments can be safer bets during bearish periods.
"This market correction is a reaction to macroeconomic fears, not fundamentals. Defensive sectors like FMCG and select industrials may continue to outperform if uncertainty persists,"
said Rajesh Tandon, Senior Equity Analyst, Axis Securities.
Investors are advised to stay cautious, avoid panic selling, and review their portfolio allocations with a long-term perspective.
While today’s session has been a rough ride for Indian equities, the outperformance of select Nifty 100 and BSE 100 stocks shows there’s always opportunity in adversity. Defensive sectors, solid fundamentals, and corporate announcements (like demergers) can still lift investor sentiment, even during a global downturn.
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