Wealth First Portfolio Managers Struggles Amid Broader Market Declines and Mixed Performance Metrics

Jan 13 2025 09:50 AM IST
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Wealth First Portfolio Managers experienced a challenging trading day, opening with a significant loss and underperforming compared to its sector and the benchmark Sensex. Over the past month, the stock has declined notably, while its moving averages indicate mixed short-term performance amid current market difficulties.
Wealth First Portfolio Managers has faced a challenging trading day, opening with a loss of 5.0% and showing a decline of 2.68% compared to its sector. The stock's performance has been notably weaker than the benchmark Sensex, which has only declined by 0.93% today. Over the past month, Wealth First Portfolio Managers has dropped 10.75%, while the Sensex has seen a smaller decline of 6.66%.

In terms of moving averages, the stock is currently above its 100-day and 200-day moving averages, but it remains below the 5-day, 20-day, and 50-day moving averages, indicating mixed short-term performance. Overall, these metrics reflect the difficulties Wealth First Portfolio Managers is encountering in the current market landscape.
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