On Thursday, the benchmark Sensex rose by approximately 79 points, ending the day at 80,623. Amid this modestly positive broader market trend, nine stocks within the BSE Smallcap Index hit their 52-week highs — marking their highest prices in the past year. However, it’s worth noting that most of these stocks retreated after reaching their peak levels and ultimately closed in negative territory. Typically, when stocks break out to a 52-week high, such moves are interpreted by traders and investors as bullish signals, suggesting strong upward momentum and the potential for further gains