Indian stock market slides, but 28 Nifty 500 stocks hit fresh 1-year highs this week; MCX, PVR Inox among them

The Nifty 50 index experienced its biggest decline since 2020, down 0.88% over the last week. Despite a wider market sell-off, stocks like Welspun Corp and Zydus Lifesciences reached new peaks, highlighting selective investor interest amid high crude oil prices and global bond yield fluctuations.