Sarthak Global Ltd Faces Selling Pressure, Declines 2% After 20 Days of Gains

Sarthak Global Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced a decline of 2.00%, underperforming the Sensex, which is down by just 0.30%. This marks a notable trend reversal, as Sarthak Global had enjoyed 20 consecutive days of gains prior to this downturn.
In terms of performance, Sarthak Global has shown remarkable growth over the past month, with a staggering increase of 135.46%, compared to the Sensex's modest rise of 3.16%. However, the recent selling activity has overshadowed this impressive performance. The stock reached a new 52-week and all-time high of Rs. 75.08 earlier today but subsequently fell to an intraday low of Rs. 73.58.

Over the past year, Sarthak Global has delivered a remarkable return of 364.81%, significantly outperforming the Sensex's 5.29%. Despite this, the year-to-date performance stands at 0.00%, contrasting sharply with the Sensex's gain of 7.89%. The stock continues to trade above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a complex market sentiment surrounding its recent performance.