SBI Cards, HCL Tech: 88 stocks from Nifty500 show strength amid volatility

Adani Enterprises, Berger Paints (I), Bharti Airtel, Eicher Motors, Grasim Industries are among the other notable names

After rising around 8 per cent in the month of December, the benchmark S&P BSE Sensex, the Nifty50, and the broader Nifty500 index are witnessing bouts of volatility in January amid Q3 results' announcements and anticipation of Union Budget 2021. The frontline Sensex index was trading nearly 500 points lower in Friday's noon deals amid sell-off in heavyweights like HCL Technologies, ICICI Bank, HDFC, Infosys, and Reliance Industries.

That said, the frontline indices are still up 8 per cent on a year-to-date (YTD) basis. Usually, traders are seen taking a breather from markets after clocking steep gains; waiting for a