Nuvama Wealth Management Outperforms Sector Amid Broader Market Fluctuations

Nuvama Wealth Management has shown impressive performance today, gaining 3.06% as of July 17, 2025. This increase positions the stock as a notable outperformer, exceeding the sector's performance by 3.24%. Over the past four days, Nuvama has consistently gained, accumulating a total return of 5.82% during this period.
The stock reached an intraday high of Rs 7853.95, reflecting a 4.4% increase at its peak. Nuvama Wealth Management is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price action.

In the broader market context, the Sensex opened positively but has since dipped by 0.08%, trading at 82,570.99. Despite this, Nuvama's performance stands out, with a 1-day gain of 3.56% compared to the Sensex's decline. Over the past year, Nuvama has achieved a remarkable 59.27% increase, significantly outpacing the Sensex's 2.30% growth. This strong performance underscores Nuvama Wealth Management's robust position within the capital markets industry.