On Thursday, the benchmark index Sensex went up by about 165 points and reached a high level of 65,558. What’s exciting is that 7 stocks on the BSE healthcare index also reached new high levels in the past 52 weeks. This is significant for traders and investors because the 52-week high is an important way to evaluate a stock’s current value and predict its future price changes. It represents the highest price at which a stock has been trading last year, which adds an interesting aspect to the market. According to Trendlyne data, all seven healthcare stocks exhibit more strengths than weaknesses
Amid record FPI sales, most large-cap stocks manage to buck bearish trend
Historically, stocks mostly trade above these long-term trend indicators in a roaring bull market. In the event of declines such as the current one, they
November 6, 2024