Abbott India Shows Mixed Performance Amid Broader Market Decline and Bearish Sentiment

Abbott India Ltd., a prominent player in the Pharmaceuticals & Drugs sector, experienced a decline of 3.19% on April 4, 2025. The stock's performance today slightly outperformed its sector, which fell by 3.99%. During the trading session, Abbott India reached an intraday low of Rs 28,900, reflecting a drop of 3.34%.
In terms of moving averages, Abbott India is currently positioned above its 100-day and 200-day moving averages, but below its 5-day, 20-day, and 50-day moving averages. This indicates a mixed trend in short-term versus long-term performance metrics.

The broader market also faced challenges, with the Sensex dropping sharply by 1.2% to 75,378.57 after a negative opening. The index is trading below its 50-day moving average, which is itself below the 200-day moving average, suggesting a bearish market sentiment.

Over various time frames, Abbott India has shown a year-to-date performance of -2.40%, while its one-year performance stands at 8.78%, significantly outperforming the Sensex's 1.55% over the same period. However, its five-year performance of 82.98% lags behind the Sensex's impressive 173.20%.