Nuvama Wealth Management Achieves Record High Amid Strong Market Performance
Nuvama Wealth Management has achieved a notable milestone, reaching a new all-time high and demonstrating strong performance in the capital markets sector. The company has outperformed its industry and the broader market, showcasing impressive returns over various time frames, reflecting its robust market position.
Nuvama Wealth Management has shown impressive performance today, gaining 3.11% and reaching a new 52-week and all-time high of Rs. 8158. This surge reflects the company's strong position in the capital markets sector, outperforming its industry by 3.21%. Over the past five days, Nuvama has consistently gained, accumulating an impressive 18.13% return.The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. In comparison to the broader market, Nuvama's one-day performance of 3.11% significantly surpasses the Sensex's increase of 0.28%.
Looking at longer-term metrics, Nuvama Wealth Management has delivered a remarkable 65.62% return over the past year, compared to the Sensex's 5.99%. Year-to-date, the stock has risen by 17.67%, while the Sensex has gained 7.49%. These figures highlight Nuvama's strong market position and consistent performance in a competitive landscape.
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