Nuvama Wealth Management Shows Resilience Amid Broader Market Downturn

Nuvama Wealth Management has shown significant activity today, gaining 3.02% as of May 30, 2025. This performance has allowed the stock to outperform its sector by 2.99%. Over the past two days, Nuvama has demonstrated a consecutive gain, rising 3.32% during this period. The stock reached an intraday high of Rs 7144, reflecting a 2.93% increase.
In terms of moving averages, Nuvama Wealth 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 performance.

In contrast, the broader market is experiencing a downturn, with the Sensex opening lower and currently trading at 81,408.33, down 0.28%. Despite this negative sentiment in the market, Nuvama Wealth Management has shown resilience. Over the past week, the stock has gained 5.00%, and its performance over the last month stands at an impressive 18.04%. Year-to-date, Nuvama has achieved a return of 3.85%, slightly trailing the Sensex's 4.18%. Overall, Nuvama Wealth Management continues to demonstrate robust performance metrics in a challenging market environment.