While analysts are not ruling out a brief rebound as stocks may be oversold after the seven-day losing run – the longest selling spree since mid-June, sentiment remains negative with the Nifty closing below key long-term trend indicators.
Hitting a 52-week high signals a stock’s peak performance over the past year, offering traders and investors crucial information for decision-making.
Berkshire Hathaway’s Vice Chairman Ajit Jain has sold more than half of his stake in the company, garnering $139 million, according to a media report.
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