7NR Retail Faces Intense Selling Pressure Amid Significant Price Declines

7NR Retail Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The garment and apparel microcap has experienced a notable decline, with a 4.95% drop in its one-day performance, contrasting sharply with the Sensex, which gained 0.06%. This marks the third consecutive day of losses for 7NR Retail, accumulating a total decline of 17.81% over this period.
In the past week, the stock has fallen by 11.60%, while the Sensex has risen by 0.93%. Over the past month, 7NR Retail's performance remains negative at -2.83%, compared to a 1.07% increase in the Sensex. The three-month performance shows a staggering decline of 35.40%, while the Sensex has only dipped by 1.27%. Year-to-date, 7NR Retail is down 4.00%, against the Sensex's positive return of 4.26%.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. The combination of these factors suggests a challenging environment for 7NR Retail, contributing to the ongoing selling pressure.