NIIT Stock Sees 7.4% Increase, Outperforms Sector and Sensex

NIIT, a smallcap IT education company, has seen a 7.4% increase in its stock price on November 22, 2024. The stock has been performing well in the market, with MarketsMOJO giving it a 'Hold' rating.

Currently, NIIT's stock is trading close to its 52-week high of Rs 207.55, with a difference of only 4.8%. It has also outperformed the sector by 3.43% today. The stock has been on a consecutive gain streak for the last 5 days, with a 9.75% increase in returns during this period. Intraday, the stock reached a high of Rs 199.15, showing a 4.9% increase.

NIIT's stock has been highly volatile today, with an intraday volatility of 10.6%. However, it is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, NIIT's stock has performed significantly better, with a 1-day performance of 7.40% compared to Sensex's 0.72%. In the last month, NIIT's stock has seen a 29.71% increase, while the Sensex has seen a -3.13% decrease.

Overall, NIIT's stock has shown strong performance in the market, with a positive trend in its stock price and outperforming the sector and Sensex. Investors may want to keep an eye on this smallcap IT education company for potential future growth.