S I Capital Faces Intense Selling Pressure Amid Consecutive Losses and Market Underperformance

S I Capital & Financial Services Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive losses, falling 5.00% in just one day, and has recorded a total decline of 9.75% over the last two days. This performance starkly contrasts with the Sensex, which has gained 0.36% today.
In the past week, S I Capital has underperformed, with a slight drop of 0.70%, while the Sensex remained relatively stable with a decrease of only 0.06%. Over the past month, the stock has seen a notable decline of 11.50%, compared to a 3.68% increase in the Sensex.

The stock opened with a gap down of 5% today, reaching an intraday low of Rs 39.71. Despite being above the 100-day and 200-day moving averages, it remains below the 5-day, 20-day, and 50-day moving averages, indicating a bearish trend. The ongoing selling pressure may be attributed to various factors, including market sentiment and sector performance, as the stock has underperformed its sector by 4.74%.