Kriti Industries Faces Intense Selling Pressure Amidst Consecutive Losses and Market Divergence

Kriti Industries (India) Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive losses over the past four days, resulting in a decline of 7.71% during this period. In contrast, the benchmark Sensex has only decreased by 0.96% over the same timeframe, highlighting the underperformance of Kriti Industries.
On a daily basis, Kriti Industries has dropped by 1.99%, while the Sensex has seen a smaller decline of 0.67%. Over the past month, the stock has managed a gain of 5.84%, but this is overshadowed by its year-to-date performance, which stands at just 3.34%, compared to the Sensex's 4.57%.

Despite its strong performance over longer periods—124.26% over three years and an impressive 736.34% over five years—the recent trend indicates a shift in market sentiment. The stock opened at 162.25 and has remained at this price, trading below its 5-day moving average but above its 20, 50, 100, and 200-day moving averages. This divergence may suggest a potential shift in investor confidence, contributing to the current selling pressure.