Braving The Storm
The benchmark index Sensex dropped by approximately 790 points, closing at 74,244. Nevertheless, seven stocks from the BSE PSU index hit their highest prices in the last year. The importance of the 52-week high lies in depicting a stock’s highest value over the preceding year, making it a crucial metric for traders and investors. This metric is essential for assessing a stock’s current value and forecasting potential price changes ahead.