Chartered Capital & Investment Ltd Faces Significant Selling Pressure with 4.99% Decline Today

Chartered Capital & Investment Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced a notable decline of 4.99% in just one day, contrasting sharply with the Sensex, which has gained 0.52%. Over the past week, Chartered Capital has lost 7.17%, while the Sensex has only dipped by 0.39%. This trend continues with a monthly performance of -5.12% against the Sensex's positive 1.40%.
The stock has been on a downward trajectory for three consecutive days, accumulating a total loss of 11.15% during this period. Today, it opened with a gap down of 4.81%, reaching an intraday low of Rs 312. Notably, the stock has shown erratic trading patterns, having not traded on one day out of the last 20.

Despite its recent struggles, Chartered Capital has performed well over longer time frames, with a three-year increase of 122.43% and a five-year rise of 427.80%. However, the current selling pressure raises questions about the factors contributing to this trend, particularly in light of its recent performance relative to the Sensex and the broader market.