Indian Oil Corporation (IOC) Gains 3.92% in Stock Market Today, Despite 'Sell' Call from MarketsMOJO

Indian Oil Corporation (IOC) has shown a positive performance in the stock market today, gaining 3.92% on 2024-11-25. The stock has been given a 'Sell' call by MarketsMOJO, indicating a potential decline in the near future.

Despite this, the stock has outperformed its sector by 0.31% today. It has also been on a consecutive gain for the last 2 days, with a rise of 4.55% in this period. The stock opened with a gain of 2.41% today and reached an intraday high of Rs 136.8, showing a 3.17% increase.

In terms of moving averages, the stock is currently higher than its 5 day moving average but lower than its 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a mixed trend in the stock's performance.

In the oil exploration/refineries sector, IOC has gained by 2.86%. Additionally, the stock has a high dividend yield of 5.28% at the current price.

Compared to the performance of the Sensex, IOC has shown a higher 1 day performance of 3.92% while the Sensex has only gained 1.52%. However, in the past month, IOC has underperformed the Sensex with a -5.84% return compared to the Sensex's 1.15% gain.

Overall, Indian Oil Corporation has shown a positive performance in the stock market today, but with a 'Sell' call from MarketsMOJO and a mixed trend in its moving averages, investors should carefully consider their options before making any decisions.