National Highways Infra Trust Faces Selling Pressure Amid Consecutive Losses and Market Underperformance

National Highways Infra Trust is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, raising concerns among market observers. Over the past week, the stock has declined by 2.27%, while the benchmark Sensex has gained 4.07%, indicating a notable underperformance relative to the broader market.
In terms of recent performance, National Highways Infra Trust has seen a 1.12% decline today, compared to the Sensex's 0.64% increase. Over the past month, the stock's performance has been slightly better, with a 2.20% increase, yet it still lags behind the Sensex's 2.02% rise. Year-to-date, the stock has managed a 2.27% gain, contrasting with the Sensex's decline of 1.67%.

The stock recently hit a new 52-week and all-time high of Rs. 135, but has underperformed its sector by 1.16% today. Notably, the stock has exhibited erratic trading patterns, not trading on four days out of the last 20. Despite these challenges, it remains above its moving averages across various time frames and boasts a high dividend yield of 3.72%.