The Indian stock market witnessed a subdued broader market sentiment on Tuesday, with the Benchmark Sensex ending lower at 85,138 after dropping 504 points.
Despite the negative market sentiment, six BSE midcap stocks managed to break out to their 52-week highs, marking their strongest levels in a year.
Such breakouts are typically viewed as bullish indicators, suggesting solid momentum and the possibility of continued short-term gains.
New 52-Week High: Rs 22,816.7 | Current Market Price (CMP): Rs 22,709
The stock has gained about 28% in the last one month.
New 52-Week High: Rs 110.3 | CMP: Rs 106.7
The stock has gained about 14% in the last month.
New 52-Week High: Rs 164.5 | CMP: Rs 160.1
The stock has gained about 13% in the last month.
New 52-Week High: Rs 262 | CMP: Rs 259.3
The stock has gained about 10% in the last one month.
