Market in turmoil, yet 4 smallcap stocks hit 52-week highs
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6 months ago
For the sixth consecutive trading session, the Sensex benchmark index closed in negative territory, with Thursday witnessing a significant drop of around 901 points, reaching 63,148. During these past six trading sessions, the index experienced an overall loss of approximately 3,300 points. While many stocks suffered during today's decline, four stocks from the BSE smallcap index stood out by hitting new 52-week highs.The 52-week high holds particular significance for traders and investors, serving as a vital technical indicator to evaluate a stock's current value and anticipate potential price fluctuations. This value represents the highest price at which a stock traded over the past year.
Economic Times