Viceroy Hotels Ltd Faces Intense Selling Pressure Amid Consecutive Losses

Viceroy Hotels 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 4.54%. Today, Viceroy Hotels Ltd reported a performance drop of 2.09%, contrasting sharply with the Sensex, which gained 0.50%. Over the past week, the stock has fallen by 7.10%, while the Sensex has risen by 1.74%.
In terms of longer-term performance, Viceroy Hotels Ltd has seen a year-to-date decline of 6.49%, compared to the Sensex's slight decrease of 0.59%. Despite a strong three-year performance of 3306.40% and a remarkable five-year increase of 14476.24%, the recent trends indicate a shift in market sentiment.

The stock opened today with a gain of 2.56%, reaching an intraday high of Rs 121.5, but quickly fell to a low of Rs 114.55. Notably, the stock is currently trading above its 200-day moving average but below its 5-day, 20-day, 50-day, and 100-day moving averages, suggesting a potential shift in momentum. The underperformance relative to its sector by 1.28% further highlights the challenges Viceroy Hotels Ltd is facing in the current market environment.