In Friday’s trading session, the benchmark index Sensex, faced a significant drop of 366 points, ending the day at a level of 65,322. Nonetheless, despite this market decline, four stocks within the BSE healthcare index managed to reach new highs within the past 52 weeks. The 52-week high carries considerable importance for certain traders and investors, acting as a crucial technical indicator for assessing a stock’s present value and predicting potential price shifts. This value signifies the highest price at which a stock has been traded during the previous year.
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Notable analyst calls this week: Nvidia, Spirit Airlines and PayPal among top picks
The S&P500 (SP500) closed in the green on Friday, after an eventful week that saw the arrival of fresh economic...