During Monday’s trading session, the benchmark index Sensex declined around 116 points, closing the day at 66,166. Seven stocks in the BSE healthcare index, however, reached their highest prices in the last 52 weeks. The 52-week high is of great importance to certain traders and investors because it serves as a crucial technical indicator for assessing a stock’s present worth and forecasting potential price changes. This figure signifies the highest price at which a stock has been traded in the past year.
Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectations
New data has revealed that US consumer prices rose faster than anticipated, prompting speculation about interest rate changes. Fed Governor Christopher Waller suggested a half