On Monday, the benchmark index Sensex rose 115 points to reach the 59,106 level. In tandem with this upward trend, 8 stocks belonging to the BSE 500 index reached new 52-week highs — considered a crucial technical indicator by some traders and investors to evaluate a stock’s current worth and predict its future price movements. The 52-week high indicates the highest price at which a stock has traded during the past year
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