Schneider Electric Infrastructure Faces Heavy Selling Pressure Amid Consecutive Losses

Schneider Electric Infrastructure Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past two days, resulting in a total decline of 8.3%. Today, the stock fell by 4.62%, underperforming the Sensex, which decreased by only 0.54%.
In the past week, Schneider Electric Infrastructure has seen a decline of 4.77%, while the Sensex dropped by 1.32%. Despite a strong performance over the past month, where the stock rose by 16.63% compared to the Sensex's decline of 3.99%, the recent trend indicates a shift in market sentiment.

The stock's price summary reveals that it touched an intraday low of Rs 950.25, marking a 5% decrease. While the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, it is currently below its 5-day moving average, suggesting a potential short-term weakness. The heavy selling activity may be influenced by broader market trends or sector-specific challenges, contributing to the stock's recent performance.