During Friday’s trading session, the Sensex benchmark index gained around 364 points, ending the day at 65,996. Amid this upward movement, 6 stocks listed on the BSE Commodities Index reached their highest price in the last 52 weeks. The 52-week high is of considerable importance to particular traders and investors, as it serves as a crucial technical indicator for assessing a stock’s current worth and forecasting potential price changes. This figure signifies the highest price at which a stock traded throughout the previous year
Positive Breakout: These 9 stocks cross above their 200 DMAs
In the Nifty200 pack, nine stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on April 15, according to stockedge.com’s technical scan data.