Inditrade Capital Ltd Faces Significant Selling Pressure with 4.93% Daily Decline and 61.38% Yearly Loss

Inditrade Capital Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses, with a decline of 4.93% in just one day, marking a total drop of 6.13% over the last two days. This trend is particularly concerning given the stock's performance relative to the Sensex, which has gained 0.42% today.
Over the past week, Inditrade Capital has seen a decline of 9.23%, while the Sensex has increased by 0.66%. The stock's performance over the last month shows a modest gain of 0.77%, but this is overshadowed by a significant drop of 23.94% over the past three months. Year-to-date, Inditrade Capital has plummeted by 51.53%, contrasting sharply with the Sensex's rise of 8.76%.

The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. Contributing factors to this selling pressure may include broader market conditions and investor sentiment, particularly within the microcap segment of the Non-Banking Financial Company (NBFC) industry.