FSN E-Commerce Ventures Shows Resilience with Strong Performance Amid Market Volatility
FSN E-Commerce Ventures has demonstrated strong performance, gaining 4.15% on January 24, 2025, and outperforming its sector. The stock has shown positive momentum with a cumulative return of 4.63% over two days, despite high volatility. It remains above several short-term moving averages, indicating resilience in a challenging market.
FSN E-Commerce Ventures has shown significant activity today, gaining 4.15% on January 24, 2025. The stock has outperformed its sector by 4.4%, reflecting a strong performance relative to market trends. Over the past two days, FSN E-Commerce Ventures has recorded a cumulative return of 4.63%, indicating a positive momentum.The stock opened with a notable gain of 3.3% and reached an intraday high of Rs 172.95, marking a 4.72% increase at its peak. However, it has experienced high volatility today, with an intraday volatility rate of 58.34%, calculated from the weighted average price.
In terms of moving averages, the stock is currently above the 5-day, 20-day, and 50-day moving averages, yet remains below the 100-day and 200-day moving averages. Over the past month, FSN E-Commerce Ventures has delivered a return of 7.73%, contrasting with the Sensex's decline of 2.32%. This performance highlights the stock's resilience in a challenging market environment.
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