ABB India Hits Day Low of Rs 5000 Amid Price Pressure

ABB India, a prominent player in the heavy electrical equipment sector, has experienced a notable decline today, with shares dropping by 3.79%. The stock opened lower, reflecting a loss of 2.08%, and reached an intraday low of Rs 5000, marking a decrease of 4.27%. This downturn is part of a broader trend, as ABB India has seen a consecutive fall over the past three days, accumulating a total decline of 4.17% during this period.
In terms of market performance, ABB India has underperformed compared to its sector, lagging by 2.16%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position. The volatility today has been significant, with an intraday volatility rate of 105.05%.

Overall, ABB India's performance over various time frames shows a stark contrast to the Sensex, which has remained relatively stable, currently trading at 82,731.68, down 0.7%. The stock's year-to-date performance reflects a decline of 27.27%, while the Sensex has gained 5.88% in the same period.