Infomedia Press Ltd Faces Significant Selling Pressure Amid Consecutive Days of Losses

Infomedia Press Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. This trend marks a continuation of consecutive days of losses for the stock, which has not recorded any gains today.
In terms of performance relative to the Sensex, Infomedia Press has shown mixed results. Over the past week, the stock has gained 2.54%, while the Sensex has declined by 1.08%. However, over the last month, Infomedia Press has outperformed the Sensex with a 5.79% increase compared to the Sensex's 3.28% rise. Despite this, the stock's performance over longer periods reveals a concerning trend, with no change over the past three months and a stagnant performance over the past year.

Several factors may be contributing to the current selling pressure. The stock has exhibited erratic trading patterns, having not traded on two days out of the last 20. Additionally, while it remains above its 5-day, 50-day, 100-day, and 200-day moving averages, it is currently below its 20-day moving average, indicating potential volatility.

Overall, Infomedia Press Ltd's current market position reflects a challenging environment, with ongoing selling activity and a mixed performance against the broader market.