Nuvama Wealth Management Shows Strong Reversal Amid Broader Market Decline

Nuvama Wealth Management has shown a notable performance today, gaining 3.91% on June 17, 2025. This increase comes after a five-day streak of declines, marking a significant trend reversal for the stock. The stock reached an intraday high of Rs 7389.95, reflecting a 4.55% rise during the trading session.
In terms of performance metrics, Nuvama has outperformed its sector by 3.84%, showcasing its resilience in a challenging market environment. The stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below its 5-day moving average. Additionally, Nuvama boasts a high dividend yield of 3% at the current price, indicating a strong return for shareholders.

While the broader market, represented by the Sensex, has experienced a decline of 0.25% today, Nuvama's performance stands out. Over the past month, the stock has gained 9.16%, significantly outperforming the Sensex, which has seen a decrease of 0.89%. Year-to-date, Nuvama has delivered a return of 5.83%, further solidifying its position in the capital markets industry.