Benchmark Sensex ended lower, dropping 504 points to finish at 85,138 on Tuesday. Despite the subdued broader market sentiment, six BSE midcap stocks surged to their 52-week highs, marking their strongest levels in a year. Such breakouts are typically viewed as bullish indicators, suggesting solid momentum and the possibility of continued short-term gains.
Source: https://economictimes.indiatimes.com/markets/stocks/news/hitachi-energy-india-gmr-airports-among-6-midcap-stocks-hit-52-week-highs-gains-up-to-28-in-a-month/slideshow/125718900.cms