National Highways Infra Trust Faces Selling Pressure Amid Market Shift and Price Decline

National Highways Infra Trust is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced a notable decline of 1.19%, contrasting sharply with the Sensex, which has gained 0.88% today. This marks a reversal after 11 consecutive days of gains, indicating a shift in market sentiment.
Over the past week, National Highways Infra Trust has seen a modest increase of 1.06%, but this is dwarfed by the Sensex's impressive 4.60% rise. Similarly, the stock's performance over the past month stands at 0.98%, while the Sensex has risen by 4.20%. Year-to-date, the stock has managed a gain of 1.06%, yet the Sensex has outperformed with a decline of only 0.71%.

The stock is currently trading just 1.2% away from its 52-week high of Rs 135. Despite this proximity, the stock has underperformed its sector by 2.63% today. Notably, it has shown erratic trading patterns, with no trades occurring on four days out of the last 20. The stock remains above its moving averages, indicating some underlying strength, but the current selling pressure raises questions about market dynamics and investor sentiment.