The Sensex benchmark index experienced a gain of 99 points on Monday, closing at the level of 62,725. In tandem with this market rally, 8 stocks from the BSE PSU index achieved new highs for the 52-week period. The 52-week high is an important measure for specific traders and investors, serving as a vital technical indicator for assessing the current value of a stock and forecasting future price patterns. It represents the highest price at which a stock has been trading over the course of the previous year.
