In Friday’s trading session, the benchmark index Sensex witnessed a significant increase of around 283 points, closing at 64,364. Within this upswing, 4 stocks belonging to the BSE FMCG index reached their highest prices in the past 52 weeks. The 52-week high is of particular significance to traders and investors, serving as a vital technical indicator for evaluating a stock’s current worth and predicting potential price changes. It represents the highest price at which a stock was traded over the past year.
Dalal Street Week Ahead: Nifty enters consolidation phase; breakout above 26,100 key for next market move
The Nifty ended the week mildly lower, extending its sideways consolidation within the 25,700–26,100 band amid falling volatility. With no clear breakout and the India