Viji Finance Ltd Faces Significant Selling Pressure with 1.78% Decline Amidst Ongoing Losses

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 four days, resulting in a total decline of 7.26%. Today, Viji Finance's performance dipped by 1.78%, contrasting sharply with the Sensex, which gained 0.50%. Over the past week, the stock has fallen by 5.68%, while the Sensex has risen by 1.70%.
In terms of longer-term performance, Viji Finance has shown mixed results. Over the past month, the stock has gained 1.22%, slightly underperforming the Sensex's 1.42% increase. However, in the three-month period, Viji Finance has outperformed the Sensex with a remarkable 43.72% gain compared to the Sensex's decline of 0.73%.

Despite its strong performance over the longer term, including a staggering 706.50% increase over the past five years, the current selling pressure may be attributed to various factors, including market sentiment and sector-specific challenges. The stock is currently trading above its 20-day, 100-day, and 200-day moving averages but below its 5-day and 50-day moving averages, indicating potential volatility in the short term.