PNB, BHEL, IDFC among top mid-, smallcap stocks that can rally up to 25%

Technically, whenever any stock remains unaffected during times of volatility, the trend indicates something positive underneath. Such stocks are preferred by market participants for trading gains.

With volatility rising drastically in the Indian stock market, identifying the right stock for investment has become all the more difficult. In the past two months alone, the key benchmark indices - BSE Sensex and Nifty 50 have swung in a range of 8 per cent each. 

The BSE Sensex witnessed a fluctuation of 4,500 points, whereas the Nifty 50 has moved around 1,600 points. Among other broader indices, the NSE Midcap and Smallcap indices have swung around 2,700 points and 1,500 points, respectively. 

In spite of elevated volatility, select midcap and smallcap stocks reflected resilience and continued to rally