Future Market Networks Faces Intense Selling Pressure Amid Significant Price Declines

Future Market Networks Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced a notable decline of 6.57% in just one day, starkly contrasting with the Sensex, which has only dipped by 0.65%. Over the past week, Future Market Networks has lost 10.72%, while the Sensex has seen a modest decline of 0.85%.
The stock's performance over the last month reveals a steep drop of 16.95%, compared to the Sensex's gain of 8.08%. This trend continues over a three-month period, where Future Market Networks has plummeted by 36.32%, while the Sensex has risen by 2.51%. Year-to-date, the stock is down 49.03%, significantly underperforming the Sensex's 2.14% increase.

The stock has been on a downward trajectory for the last four consecutive days, accumulating a total loss of 11.82% during this period. Additionally, Future Market Networks is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained bearish trend. These factors collectively highlight the challenges facing Future Market Networks in the current market environment.