First Custodian Fund(I) Ltd Faces Intense Selling Pressure Amid Consecutive Losses

First Custodian Fund(I) Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive losses over the past three days, resulting in a total decline of 5.23%. Today alone, it has dropped by 4.96%, contrasting sharply with the Sensex, which has gained 1.02% during the same period.
In terms of performance metrics, First Custodian Fund(I) Ltd has underperformed its sector by 4.41%. Over the past month, the stock has declined by 8.10%, while the Sensex has risen by 2.07%. The three-month performance reveals a substantial drop of 24.03%, compared to the Sensex's increase of 8.59%. Year-to-date, the stock is down 24.54%, while the Sensex has gained 4.66%.

The stock's price summary indicates it touched an intraday low of Rs 114.05, reflecting a decline of 4.88%. Additionally, First Custodian Fund(I) Ltd is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a bearish trend. These factors collectively contribute to the ongoing selling pressure observed in the stock.