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Technical Breakout Stocks: Alembic Pharma, Dr Lal PathLabs & Zydus Wellness hit 52-week highs; what should traders do?

Technical Breakout Stocks: Alembic Pharma, Dr Lal PathLabs & Zydus Wellness hit 52-week highs; what should traders do?

Traders remained on the sidelines in the run up to Budget 2024. The S&P BSE Sensex fell over 100 points while Nifty50 closed above 24,500 levels. Sectorally, auto, power, PSU and utilities saw buying action, while some selling was seen in oil & gas, bank and realty stocks.

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