Nuvama Wealth Management Outperforms Sector Amid Broader Market Decline

Nuvama Wealth Management has shown significant activity today, gaining 3.16% on May 13, 2025. This performance has allowed the stock to outperform its sector by 2.76%. Over the past three days, Nuvama has demonstrated a strong upward trend, accumulating a total return of 7.92%. The stock reached an intraday high of Rs 6,350, reflecting a 3.3% increase during the trading session.
In terms of moving averages, Nuvama Wealth Management is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust short- to long-term performance.

In the broader market context, the Sensex has experienced a decline, falling by 337.57 points to 81,912.03, which is a decrease of 0.63%. Despite this, Nuvama's performance stands out, with a 1-day return of 2.72% compared to the Sensex's -0.69%. Over the past month, Nuvama has achieved a return of 13.65%, significantly higher than the Sensex's 8.92%. Year-to-date, however, Nuvama is down 8.83%, contrasting with the Sensex's positive performance of 4.76%.