During Monday’s trading session, the benchmark index Sensex experienced a rise of about 267 points, reaching a closing value of 65,216. During this rally, five stocks belonging to the BSE Capital Goods index achieved new peak levels within the previous 52 weeks. The 52-week peak holds significant significance for specific traders and investors, serving as an essential technical gauge to evaluate a stock’s current worth and anticipate possible changes in its price trajectory. This value indicates the maximum price at which a stock was traded over the course of the last year.
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