The benchmark index Sensex experienced a marginal decline, reaching the 66,160 level on Friday. However, amid the market downturn, 7 stocks listed on the BSE FMCG index achieved new highs in the past 52 weeks. The 52-week high is a crucial technical indicator for some traders and investors, as it helps evaluate a stock’s current value and predict potential price fluctuations. Essentially, it reflects the highest price at which a stock was traded over the course of the last year.
Largecaps seen as safer harbour in stock picker’s market: Nitin Bhasin
Market participants should brace for a phase where easy returns from broad themes may fade. Selectivity, precise bet sizing, and a sharp bottom-up approach will