'Poll Proof?' 5 Stocks That Are Bucking The Trend To Surge Amid Election Jitters

The markets on Tuesday are witnessing a bloodbath on Tuesday as the early election trends show that there is a closer fight for Delhi than the exit polls predicted.

What Happened: Benchmark indices were trailing in the red on Tuesday. The crash was seen through PSU, banking, oil & gas, railways and metals. However, here are some stocks that have managed to stay resilient amidst the carnage.

Hindustan Unilever

India’s biggest fast-moving consumer goods (FMCG) firm was up around 2% on Tuesday, One of the few stocks that could extend its Monday gains. The stock has had a decent few weeks at the bourses. In the last 30 days, the stock has gone up around 6%. At the time of writing, the stock was leading the gainers in the Nifty 50.

Dabur

Another company that has managed to survive in the green today is another FMCG heavyweight. Dabur’s share price halted its four straight session losing streak to surge up over 4% on Tuesday. The stock emerged as the top gainer on the Nifty 500 in early trade.

Divi’s Labs

The pharma company also continued its gains for the second straight session on Tuesday. The Nifty 50 stock has had a strong few weeks. In the last 30 days, the stock has gone up around 11%.

Hero MotoCorp

One of India’s biggest two-wheeler manufacturers also found itself in the green on Tuesday. The company also continued its gains for the second straight session. Last Saturday the company reported a Hero MotoCorp announced a 4% year-on-year (YoY) decline in sales to 4.98 lakh units.

Dmart

The retail giant also found itself among the gainers on counting day. Dmart was one of the top gainers on the Nifty 500 index.