Nexome Capital Markets Hits New 52-Week High Amid Strong Buying Activity

Nexome Capital Markets Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, is witnessing significant buying activity, marking a notable performance against the broader market. Today, the stock surged by 4.99%, contrasting sharply with the Sensex, which declined by 0.27%. Over the past week, Nexome has gained 4.61%, while the Sensex fell by 0.79%.
In the last month, Nexome's performance has been impressive, with a 25.65% increase compared to a slight drop of 0.57% in the Sensex. The stock has shown remarkable growth over longer periods as well, with a staggering 128.96% rise over the past year and an impressive 261.32% increase over three years.

Today, Nexome reached a new 52-week high of Rs. 145, despite opening with a gap down of 4.99%. The stock has been on a consecutive gain streak for the last two days, accumulating a total return of 5.59%. It also outperformed its sector by 3.31%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.