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​The 52-week high is the highest price at which a stock has traded during the last year. ​

The Dow Jones Industrial Average fell 15.62 points, or 0.05%, at the open to 32,873.47

ET Markets has identified seven stocks that had shown remarkable growth in 2022 but have already corrected by over 40% in the first two months of 2023.

The dollar index, which measures the currency against a basket of peers, was flat at 104.7, but was still set for a February gain of 2.5%, its first monthly increase since September

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This is possibly the first time that all 5 stocks from the pack are ending February on a positive note. Moreover, 3 of them have given double-digit positive returns this month.

“IT companies that need to worry are perhaps some of the smaller companies which may face demand contraction to some extent. There will be more consolidation in terms of the number of vendors. So the front line companies in particular, like Infosys or maybe even HCL Tech, should be able to expand their client base as compared to some of the smaller size companies.”

Tracking weak global sentiments, Indian equity indices continued their losing streak for the 8th consecutive session on Tuesday. Nifty ended at 17,303, down 89 points or 0.51%, while Sensex fell 326 points or 0.55% to end at 58,962.

Volume profile indicates Nifty has strong support around the 17150-17200 zone. Coming to the OI data, on the call side, the highest OI was observed at 17400 followed by 17500 strike prices, while on the put side, the highest OI was at 17000 strike price