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.
Sebi relaxes re-KYC process for NRIs; removes physical presence clause
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India