Nykaa among 6 midcap stocks that hit 52-week highs, rally up to 30% in a month – New Highs

Benchmark Sensex surged 827 points to end the session at 75,569 on Friday. Amid the broader market rally, six stocks from the BSE 150 MidCap index hit 52-week highs, marking their strongest levels in the past year. A stock reaching a 52-week high is generally considered a bullish technical indicator, reflecting robust buying interest, improving investor confidence, and the potential for continued upward momentum.