Future Market Networks Faces Intense Selling Pressure Amid Significant Price Declines

Future Market Networks Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced a decline of 1.98%, underperforming the Sensex, which is down by 0.35%. This marks a trend reversal for Future Market Networks, which had enjoyed six consecutive days of gains prior to this downturn.
In terms of performance metrics, the stock has shown mixed results over various time frames. Over the past week, it has gained 16.68%, while the Sensex has only increased by 0.77%. However, the three-month performance reveals a decline of 14.68% for Future Market Networks, contrasting sharply with the Sensex's gain of 7.97%. Year-to-date, the stock is down 34.57%, while the Sensex has risen by 4.65%.

The stock's current price is above its 5-day, 20-day, 50-day, and 200-day moving averages, but below the 100-day moving average, indicating a potential shift in market sentiment. The selling pressure could be attributed to various factors, including profit-taking after recent gains and broader market conditions affecting investor confidence.