Positive trend in stock performance for Nazara Technologies on September 10th, 2024

Sep 10 2024 10:05 AM IST
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On September 10th, 2024, Nazara Technologies, a midcap IT software company, saw a 5.07% increase in its stock, outperforming the sector by 4.22%. It reached an intraday high of Rs 968.2 and has been on a consecutive gain for the last two days. MarketsMojo has given a 'Hold' call for the stock.

Nazara Technologies, a midcap IT software company, has seen a positive trend in its stock performance on September 10th, 2024. The stock gained 5.07%, outperforming the sector by 4.22%. MarketsMOJO has given a 'Hold' call for the stock.

In terms of price, Nazara Technologies reached an intraday high of Rs 968.2, showing a 4.87% increase. The stock has been on a consecutive gain for the last two days and has risen 5.02% in this period. It is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance, Nazara Technologies has outperformed with a 1-day performance of 4.99% while the Sensex has shown a -0.07% performance. In the last month, the stock has gained 2.38% while the Sensex has gained 2.26%.

Overall, Nazara Technologies has shown a positive trend in its stock performance, making it a promising investment option in the IT software industry. Investors can consider holding onto their stocks for now, as suggested by MarketsMOJO.
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