Viji Finance Ltd Faces Selling Pressure, Declines 1.74% Amid Ongoing Losses Over Three Days

Viji Finance Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past three days, resulting in a total decline of 5.59%. Today, Viji Finance's performance dipped by 1.74%, contrasting sharply with the Sensex, which recorded a modest gain of 0.08%.
In the broader context, Viji Finance's performance over the past week and month has been relatively stable, with gains of 0.60% and 1.20%, respectively. However, these figures pale in comparison to the Sensex's performance of 1.05% and 0.91% during the same periods. Over the last three months, Viji Finance has outperformed the Sensex with a remarkable 45.06% increase, but this recent downturn raises concerns.

The stock's price summary indicates it has underperformed its sector by 1.46% today. While it remains above its 20-day, 100-day, and 200-day moving averages, it is currently below its 5-day and 50-day moving averages. This trend may suggest a shift in market sentiment, contributing to the ongoing selling pressure.