Tourism Finance Corporation Reaches New High Amid Strong Market Sentiment
Tourism Finance Corporation of India has achieved a new 52-week high, reflecting strong performance with a notable return over the past two days. The stock is trading above key moving averages, indicating bullish momentum. In the broader market, the Sensex is also showing positive movement, particularly in the small-cap segment.
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.
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