Nine stocks from the BSE FMCG index hit new 52-week highs despite the Sensex benchmark index declining by 310 points and settling at 62,917. The 52-week high is a vital technical indicator for traders and investors to evaluate a stock’s current value and predict future price trends, representing the highest price the stock has traded within the past year. The stocks include Bombay Burmah Trading Corporation, Mrs. Bectors Food Specialities, Britannia Industries, LT Foods, Godrej Consumer Products, Nestle India, Sula Vineyards, Tata Coffee, and Tata Consumer Products.
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