Smallcap Slump
The benchmark Sensex dropped by 83 points on Thursday, settling near the 81,362 level. Amid this decline, six stocks from the BSE Smallcap index reached their lowest prices in the past 52 weeks. A 52-week low is a technical indicator that marks the lowest price at which a stock has traded over the last year. Many investors and traders view this as a key factor when evaluating a stock’s current worth and forecasting its future price trends.
