Defying The Downturn

On Monday, the benchmark Sensex dropped by approximately 319 points, closing at 77,187. Despite the market decline, six stocks from the BSE 500 index hit their 52-week highs, reaching their highest prices in the past year. A 52-week high is a crucial indicator for traders and investors, reflecting a stock’s peak value over the last 12 months. It serves as an important metric for assessing a stock’s current position and forecasting its potential for future growth.