New Delhi, July 23 -- The stock market sentiments in the country have shown signs of improvement, with a larger number of stocks now trading closer to their 52-week highs than lows, according to a recent report by PL Capital.
The data highlighted a positive shift in investor outlook and an encouraging trend for broader market participation.
It stated, "Market sentiment has improved - with more stocks closer to 52w Highs than Lows."
According to the report's data, approximately 30 per cent of stocks are now near their 52-week highs, compared to those near their 52-week lows. Although this is still lower than in June last year, the report indicates that the situation has improved from previous lows.
This trend indicates a more optimisti...
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