Nykaa, Eternal among 5 stocks that hit 52-week high; rally up to 15% in a month
The benchmark Sensex closed almost flat with a slight negative bias on Friday, slipping about 7 points to settle at 80,710. Despite the muted market movement, five stocks from the BSE 200 index reached their 52-week highs, marking their highest levels in the past year. Such breakouts are typically viewed by traders and investors as bullish signals, indicating strong upward momentum and the possibility of further gains. High Flyers
The benchmark Sensex closed almost flat with a slight negative bias on Friday, slipping about 7 points to settle at 80,710. Despite the muted market movement, five stocks from the BSE 200 index reached their 52-week highs, marking their highest levels in the past year. Such breakouts are typically viewed by traders and investors as bullish signals, indicating strong upward momentum and the possibility of further gains. High Flyers
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
