Tourism Finance Corporation Reaches New High Amid Strong Market Sentiment

Tourism Finance Corporation of India has made headlines today as its stock price reached a new 52-week high of Rs. 244.85. This milestone reflects a significant upward trend, with the stock outperforming its sector by 0.82%. Over the past two days, the stock has shown a consecutive gain, delivering a return of 3.53%. In terms of technical indicators, Tourism Finance Corporation of India is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong bullish momentum. The broader market context is also noteworthy, with the Sensex opening higher by 131.05 points and currently trading at 83,722.15, which is 2.69% away from its own 52-week high. The BSE Small Cap index is leading the market today, gaining 0.41%, indicating a positive sentiment in the small-cap segment. Over the past year, Tourism Finance Corporation of India has delivered a robust performance of 18.45%, significantly outpacing the Sensex, which has seen a return of 4.69%. The stock's 52-week low stands at Rs. 122.15, highlighting its substantial growth trajectory.