Thomas Scott India Ltd Faces Intense Selling Pressure Amid Consecutive Losses

Thomas Scott India 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, with a total decline of 3.95%. Today, the stock fell by 1.99%, underperforming the Sensex, which decreased by only 0.29%.
In the past week, Thomas Scott India has seen a decline of 3.46%, while the Sensex gained 0.34%. Over the last month, the stock's performance has been relatively stable, with a modest increase of 1.27%, contrasting sharply with the Sensex's robust growth of 6.89%. However, the longer-term view reveals a troubling trend, as the stock has plummeted by 34.84% over the past three months, while the Sensex has risen by 3.21%.

Despite a strong performance over the past year, with a gain of 27.56% compared to the Sensex's 9.02%, the year-to-date performance shows a stark decline of 30.74% against the Sensex's 3.10%. The stock opened at 319.8 today and has remained at this price, indicating a lack of upward momentum. Moving averages indicate that while the stock is above the 20-day and 200-day averages, it is below the 5-day, 50-day, and 100-day averages, suggesting a potential shift in market sentiment.