Despite the decline in the Sensex benchmark index, seven stocks in the BSE Auto index reached their peak prices within the last 52 weeks. This article examines these stocks’ performance and their significance as a technical indicator for traders and investors.
Indian frontline indices S&P BSE Sensex and Nifty50 ended flat on Tuesday as gains in auto and FMCG stocks were overshadowed by weakness in banks and IT stocks. The S&P BSE Sensex ended at 65,220.03, up 4 points or 0.01% while the broader Nifty50 settled at 19,396.45, lower by 3 points or 0.01%.
