The Sensex dropped 561 points on Tuesday and closed at 77,054. Even as the broader market weakened, four stocks from the BSE 150 Midcap index touched new 52-week highs. Such peaks are typically viewed as positive signals, indicating strong demand, better sentiment among investors, and scope for further gains.

Credit:
https://economictimes.indiatimes.com/markets/stocks/news/biocon-among-4-midcap-stocks-that-hit-52-week-highs-and-rallied-up-to-21-in-a-month/slideshow/132389833.cms
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