Recent Price Movement and Volatility
Indus Finance's share price has been on a downward trajectory for the past two days, cumulatively losing 9.2% in returns during this period. Despite touching an intraday high of Rs 52, representing a 4.02% gain at one point, the stock ultimately slid to an intraday low of Rs 45.83, down 8.32% from its previous close. The wide intraday trading range of Rs 6.17 and an intraday volatility of 6.3% underscore the heightened uncertainty and price fluctuations experienced by investors today.
The weighted average price indicates that a larger volume of shares was traded closer to the lower end of the price range, signalling selling pressure as the day progressed. This pattern often suggests that sellers dominated the session, pushing prices...
Read More







