Short-Term Price Movement and Market Sentiment
On the day in question, Raghav Productivity Enhancers opened with a gap down of 2.7%, signalling immediate selling pressure from the outset. The stock further touched an intraday low of ₹974.5, representing a 7.5% drop from previous levels. The weighted average price indicates that a greater volume of shares traded closer to the day’s low, suggesting that sellers dominated the session. Additionally, the stock underperformed its sector by 5.46%, indicating that the decline was more pronounced than the broader market trend.
Investor participation also waned, with delivery volumes on 03 Dec falling by 5.37% compared to the five-day average. This reduction in investor engagement may reflect caution or profit-taking after a sus...
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