In Wednesday’s trading session, the Sensex experienced a decline of approximately 796 points, ultimately settling at 66,800. Despite this significant market downturn, four stocks from the BSE FMCG index managed to attain their highest prices in the past 52 weeks. The 52-week high is of great importance to certain traders and investors because it serves as a crucial technical gauge for assessing a stock’s present worth and predicting possible price fluctuations. This figure denotes the peak price at which a stock was traded throughout the preceding year.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and