New Delhi, Feb. 23 -- Hitachi Energy, ABB India, and Apar Industries are among nearly a dozen stocks from the capital goods space that have witnessed strong buying momentum in 2026, even as the broader market faces extreme volatility.

The pickup in sentiment after a muted show in the previous year, recovery in earnings and steady order inflows, coupled with the government announcing record capex in the Union Budget 2026, have aided a strong rally.

In addition, the India-US and India-EU trade deals have improved the export outlook for the companies, while the softening of commodity prices from recent highs has also improved the margin outlook.

The combination of these factors has not only boosted select stocks to record highs but has al...