NIIT's Strong Performance Signals Resilience Amid IT Education Sector Fluctuations

NIIT, a small-cap player in the IT education sector, has shown significant activity today, gaining 7.34% on March 19, 2025. This performance outpaces the sector, which has risen by 4.6%, and reflects a consecutive gain over the last two days, totaling a 12.36% increase during this period. The stock reached an intraday high of Rs 123, marking a 6.82% increase at its peak.
In terms of moving averages, NIIT's current price is above its 5-day and 20-day moving averages but remains below the 50-day, 100-day, and 200-day moving averages. This indicates a mixed short-term trend relative to longer-term performance.

Looking at broader market trends, the Sensex opened positively, trading at 75,521.99, up by 171.91 points or 0.29%. However, it is currently positioned below its 50-day moving average, which is also below the 200-day moving average. The mid-cap segment is leading the market, with the BSE Mid Cap index gaining 2.28% today.

Overall, NIIT's recent performance highlights its resilience in a challenging market environment, particularly as it continues to navigate fluctuations in the IT education sector.