Thomas Scott India Ltd Faces Intense Selling Pressure Amid Consecutive Losses
Thomas Scott India Ltd is experiencing notable selling pressure, with consecutive losses over the past two days. The stock has underperformed compared to the Sensex, showing declines over various time frames. It remains below key moving averages, highlighting ongoing challenges in the current market environment.
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 decline of 2.94% during this period. Today, the stock is down by 2.00%, contrasting sharply with the Sensex, which has gained 1.06%. Over the past week, Thomas Scott India has seen a slight decrease of 0.08%, while the Sensex has risen by 5.63%. The stock's performance over the last month reflects a decline of 2.50%, compared to a 3.22% increase in the Sensex. More notably, the stock has plummeted by 28.69% over the last three months, while the Sensex has maintained a positive trajectory with a 4.68% gain.
The price summary indicates that Thomas Scott India opened at 300 and has remained at this level, trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This underperformance is further highlighted by the fact that the trading sector has gained by 2.26%, emphasizing the challenges faced by Thomas Scott India in the current market environment.
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