Adani Power Faces Continued Decline Amid Broader Market Sentiment Shift

Adani Power, a prominent player in the power industry, experienced a decline of 3.11% on June 12, 2025, underperforming its sector by 2.01%. This marks the second consecutive day of losses for the stock, which has seen a total drop of 4.45% over this period. During the trading session, Adani Power reached an intraday low of Rs 569, reflecting a decrease of 3.07%.
Despite the recent downturn, Adani Power is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a mixed performance in the context of longer-term trends. Over the past week, the stock has gained 3.83%, while it has shown a 4.05% increase over the past month. However, the one-year performance reveals a significant decline of 25.37%, contrasting with the Sensex's gain of 6.76% during the same period.

In the broader market, the Sensex opened flat but fell by 778.23 points to 81,793.44, reflecting a negative sentiment. The index is currently trading above its 50-day moving average, which is positioned above the 200-day moving average, suggesting a bullish trend in the overall market.