Defying Downtrend

On Thursday, the benchmark Sensex closed almost flat with a slight negative bias at 78,472. Despite the lacklustre performance, five stocks from the BSE 500 index reached their 52-week highs. A 52-week high represents the highest price a stock has reached in the past year, offering important insights for traders and investors. This metric is crucial for assessing a stock's current value and forecasting its potential for future growth.