Whirlpool of India Faces Volatility Amid Broader Market Declines and Sector Pressure

Whirlpool of India, a midcap player in the domestic appliances sector, has experienced significant volatility today, opening with a notable loss of 13.21%. The stock's performance has been under pressure, with a two-day decline resulting in a total drop of 7.16%. Despite this downturn, Whirlpool of India has managed to outperform its sector, which has seen an overall decline of 7.44%.
Intraday trading revealed a low of Rs 920, reflecting the stock's high volatility, calculated at 5.07%. In terms of moving averages, the stock is currently positioned higher than its 20-day moving average but lower than the 5-day, 50-day, 100-day, and 200-day averages.

In the broader market context, Whirlpool of India's one-day performance stands at -5.48%, compared to the Sensex's decline of 3.42%. Over the past month, the stock has shown a slight gain of 0.44%, while the Sensex has decreased by 2.08%. Technical indicators suggest a bearish trend in both weekly and monthly assessments, with the stock exhibiting a beta of 1.20, indicating a tendency to fluctuate more than the market.