Glance Finance Faces Intense Selling Pressure Amid Significant Price Declines

May 02 2025 12:30 PM IST
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Glance Finance Ltd is experiencing notable selling pressure, with the stock declining significantly over various time frames. It has fallen sharply in recent days and weeks, contrasting with the performance of the Sensex, which has shown modest gains. The stock is currently trading below multiple moving averages, indicating a bearish trend.
Glance Finance Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive losses, falling by 4.90% in just one day, and has declined by 9.66% over the last two days. This performance starkly contrasts with the Sensex, which has only dipped by 0.05% today.

Over the past week, Glance Finance has seen a notable decline of 7.75%, while the Sensex has gained 1.25%. In the last month, the stock has decreased by 0.76%, compared to a 4.68% increase in the Sensex. The three-month performance reveals a significant drop of 14.88% for Glance Finance, while the Sensex has risen by 3.48%. Year-to-date, the stock is down 33.11%, contrasting sharply with the Sensex's modest gain of 2.64%.

The stock opened today at Rs 131, marking a gap down of 4.9%, and reached an intraday low of Rs 131. Glance Finance is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The combination of these factors suggests a challenging environment for Glance Finance in the current market landscape.
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