New Lows

On Tuesday, the benchmark Sensex dropped by around 29 points, closing at 75,967. Amid this slight market decline, 11 stocks within the BSE Healthcare index reached their 52-week lows. A 52-week low refers to the lowest price a stock has traded at over the past year. While this could signal buying opportunities for stocks with strong fundamentals, it may also point to potential challenges or negative trends within those companies. Investors often use this metric to assess price movements and gauge broader market sentiment.