During Thursday’s trading session, the benchmark index Sensex witnessed a significant decline, shedding approximately 542 points and settling at 65,240. Notwithstanding this notable market downturn, 7 stocks listed on the BSE financial services index achieved fresh peaks in the previous 52 weeks. The 52-week high serves as a crucial technical gauge for assessing a stock’s present worth and for anticipating potential shifts in its price. This figure signifies the maximum price at which a stock has been transacted throughout the past year.
Bull market has resumed after bottoming out; PSUs will still lead the market but pockets have changed: Ramesh Damani
Ramesh Damani, a BSE member, emphasizes that the bull market has resumed with public sector stocks, particularly in defence and construction, leading the way. He