Tera Software Faces Intense Selling Pressure Amidst Significant Price Declines

Tera Software Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced a consecutive decline over the past three days, resulting in a total loss of 8.74%. Today, Tera Software's performance dipped by 1.99%, underperforming the Sensex, which fell by 0.70%.
Despite a strong performance over the longer term, including a remarkable 323.86% increase over the past year, the recent trend indicates a shift in market sentiment. In the last week, Tera Software gained 0.60%, contrasting with the Sensex's slight decline of 0.18%. However, the stock's volatility has been notably high today, with an intraday volatility rate of 19014.46%.

The stock opened at 317.3 and has remained at this price, indicating a lack of upward movement amidst the selling pressure. While Tera Software has consistently outperformed the Sensex over various time frames, the current trend raises questions about potential contributing factors to the selling activity, including market dynamics and investor sentiment.