These 6 large-cap stocks record their new 52-week high https://ift.tt/OIS0C75 Thursday's trading session, the benchmark index Sensex witnessed a substantial decline of around 307 points, closing at a value of 65,688. However, despite this market downturn, six stocks from the BSE large index achieved new highs within the previous 52 weeks. The 52-week high holds great significance for specific traders and investors, serving as a vital technical indicator to evaluate a stock's current worth and anticipate potential price fluctuations. This value represents the peak price at which a stock has been traded over the course of the last year.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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