Swiggy Outperforms Sector Amid Mixed Market Trends and Small-Cap Gains

Swiggy, a prominent player in the IT software sector, has shown notable activity today, gaining 3.48% on March 19, 2025. This performance has allowed the stock to outperform its sector by 4.99%. Over the past two days, Swiggy has experienced a consecutive gain, accumulating a total return of 3.99%. The stock reached an intraday high of Rs 369.2, reflecting a rise of 3.65% during the trading session.
In terms of moving averages, Swiggy's stock is currently above its 5-day and 20-day moving averages but remains below the 50-day, 100-day, and 200-day moving averages, indicating mixed short- to long-term trends.

In the broader market context, the Sensex opened higher at 75,473.17, gaining 171.91 points (0.23%), and is currently trading at 75,470.59. However, it is noteworthy that the Sensex is trading below its 50-day moving average, which is also below the 200-day moving average. Small-cap stocks are leading the market today, with the BSE Small Cap index gaining 1.82%.

Swiggy's performance over various time frames shows a 1-day gain of 3.26% compared to the Sensex's 0.22%, a 1-week increase of 5.54% against the Sensex's 1.94%, but a decline of 2.57% over the past month, contrasting with the Sensex's -0.62%. Over three months, Swiggy has seen a significant drop of 36.83%, while the Sensex has decreased by 4.74%. Year-to-date, Swiggy's performance stands at -31.96%, compared to the Sensex's -3.42%.