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MCX, Hindustan Copper, NALCO, and PTC Industries hit 52-week highs despite market fall, indicating bullish trends.
Summary
Several stocks, including MCX, Hindustan Copper, NALCO, and PTC Industries, reached 52-week highs despite a market downturn, indicating bullish trends. This performance is significant for understanding market dynamics and identifying potential investment opportunities.
Key Points
- MCX (Multi Commodity Exchange) hit a 52-week high.
- Hindustan Copper, NALCO, and PTC Industries also reached 52-week highs.
- The Sensex experienced a 610-point fall.
- The stocks hitting highs are part of the BSE 500.
- The event signals strong bullish momentum in select counters.
Full Article
Despite a 610-point Sensex fall, four BSE 500 stocks — NALCO, PTC Industries, Hindustan Copper and MCX — hit new 52-week highs, signalling strong bullish momentum and firm short-term upside trends in select counters.
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