Benchmark Sensex declined by 210 points to settle at 78,428 on Monday. However, despite the broader market weakness, eight stocks from the BSE 100 Index surged to new 52-week highs, reaching their strongest levels in the past year. A 52-week high is a positive technical indicator, signalling strong investor demand, improving market confidence, and continued upward momentum in a stock’s price.
TVS Motor
New 52-week high: Rs 4,398 | CMP: Rs 4,360. In the last one month, the stock has gained about 20%.
Bajaj Auto
New 52-week high: Rs 11,795.85 | CMP: Rs 11,550.9. In the last one month, the stock has gained about 18%.
The Federal Bank
New 52-week high: Rs 364.95| CMP: Rs 362.45. In the last one month stock has gained about 11%.
Titan
New 52-week high: Rs 4,944.05 | CMP: Rs 4,925. In the last one month, the stock has gained about 10%.
United Spirits
New 52-week high: Rs 1.547.95 | CMP: Rs 1,533.7. In the last one month, the stock has gained about 10%.
Samvardhana Motherson
New 52-week high: Rs 155.9 | CMP: Rs 149.8. In the last one month, the stock has gained about 2%.
Nestle India
New 52-week high: Rs 1,535.85 | CMP: Rs 1,492. In the last one month, the stock has gained about 2%.