Terai Tea Co Faces Intense Selling Pressure Amid Consecutive Losses

Terai Tea Co 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 4.05% in today's trading session. This performance starkly contrasts with the Sensex, which has only dipped by 1.01% on the same day. Over the past week, Terai Tea Co has lost 5.25%, while the Sensex has remained relatively stable with a decrease of just 0.27%. In the past month, Terai Tea Co's stock has plummeted by 12.63%, compared to a minimal drop of 0.17% in the Sensex. Despite a strong performance over the longer term, including a 30.71% increase over the last three months, the recent trend indicates a shift in market sentiment. The stock opened today with a gain of 2.02%, reaching an intraday high of Rs 176.5, but quickly fell to a low of Rs 166. The stock's performance today underperformed its sector by 3.39%. Additionally, while it remains above the 100-day moving average, it is trading below the 5-day, 20-day, 50-day, and 200-day moving averages, suggesting a potential shift in momentum.