Fundviser Capital Faces Selling Pressure, Declines 1.41% Amid Ongoing Losses and Seller Dominance.

Fundviser Capital (India) Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has recorded a loss of 1.41% today, underperforming the Sensex, which has declined by just 0.11%. This marks a continuation of a downward trend, as Fundviser Capital has experienced consecutive days of losses.
Despite a strong performance over the past month, where the stock gained 10.47% compared to the Sensex's 2.48%, the recent selling activity raises concerns. Over the past week, Fundviser Capital's performance was still positive at 3.07%, but the current selling trend suggests a shift in market sentiment.

The stock opened with a 5% gain today, reaching an intraday high of Rs 223.65, but this initial momentum did not sustain. Fundviser Capital has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally strong position over the longer term. However, the erratic trading pattern, with the stock not trading on one day out of the last 20, may be contributing to the current volatility and selling pressure.

Overall, Fundviser Capital's performance remains noteworthy, especially when compared to the Sensex, but the current market dynamics warrant close observation.