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.
Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,
January 15, 2025