Current Market Performance and Price Movement
Star Delta Transformers experienced a significant decline on 08-Dec, dropping ₹25.15 from its previous close. The stock opened with a gap down of 2.84%, signalling early selling pressure. Throughout the trading session, the share price touched an intraday low of ₹566.1, representing a steep 7.64% drop from the prior day’s close. The weighted average price indicates that a larger volume of shares traded closer to the day’s low, suggesting sustained selling interest rather than a recovery attempt.
Adding to the bearish sentiment, the stock reversed its short-term upward trend after two consecutive days of gains. This reversal highlights a shift in investor sentiment, with sellers regaining control over the price action.
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