Sugal & Damani Faces Heavy Selling Pressure, Stock Declines 5% Amid Broader Market Gains

Sugal & Damani Share Brokers Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, with a notable decline of 5.00% in its one-day performance, starkly contrasting with the Sensex's modest gain of 0.04%. Over the past week, Sugal & Damani has dropped by 5.93%, while the Sensex has risen by 1.56%.
In the last month, the stock has decreased by 6.16%, compared to a 3.03% increase in the Sensex. More alarmingly, the stock has plummeted by 29.08% over the past three months, while the Sensex has gained 4.86%. Despite a positive performance of 12.50% over the past year, the year-to-date performance shows a decline of 4.12%, against the Sensex's 8.16% rise.

Today's trading saw the stock reach an intraday high of Rs 84.8 before falling to a low of Rs 76.95. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The performance today underperformed the sector by 5.47%, highlighting the ongoing challenges faced by Sugal & Damani Share Brokers Ltd.