NSE Nifty 50: Top 5 stock losers of March 11, 2025

In this article, we will explore the technical indicators of some of the low-performing stocks on the Indian stock market, including BAJAJFINSV, INDUSINDBK, INFY, M&M, and POWERGRID.

By looking at these stocks through the lens of key technical factors, we aim to better understand their price movements, trends, and potential future performance.

Analysis for Bajaj Finserv - March 11, 2025

Bajaj Finserv exhibited a slight decline in its recent performance with a closing price of 1805.40, marking a -1.90% change from its previous close. Despite the dip, the stock's 50-day EMA (1788.08) remains above the 200-day EMA (1713.75), indicating a positive long-term trend. The RSI at 47.60 suggests that the stock is neither overbought nor oversold.

Relationship with Key Moving Averages

Bajaj Finserv's current close price of 1805.40 is above its 50 EMA (1788.08) and significantly above its 200 EMA (1713.75), suggesting a bullish trend in the long term. However, it is below both its 10 EMA (1835.84) and 20 EMA (1831.49), indicating recent price weakness in the short term.

Moving Averages Trend (MACD)

Bajaj Finserv's MACD indicates a bearish trend as the MACD value (14.06) is below the MACD Signal line (24.94). This suggests that the stock might be experiencing downward momentum.

RSI Analysis

The current Relative Strength Index (RSI) for Bajaj Finserv is 47.60, indicating that the stock is in a neutral zone. It is neither overbought nor oversold, suggesting a balanced demand and supply.

Analysis for IndusInd Bank - March 11, 2025

IndusInd Bank Performance: IndusInd Bank witnessed a steep decline with a closing price of 655.95, reflecting a significant percentage change of -27.16% from its previous close of 900.5. The trading volume was notably high at 101,039,313 shares. Technical indicators like RSI at 13.12 depict an oversold condition, while the MACD suggests a bearish trend. Despite this, the bank maintains a reasonable PE ratio of 7.05 with an EPS of 93.02, indicating potential value in the Financial Services sector.

Relationship with Key Moving Averages

IndusInd Bank's current stock price of 655.95 is significantly below its key moving averages, indicating potential bearish momentum. The 50 EMA stands at 993.58, and the 200 EMA is at 1158.08, reflecting a downtrend with the stock trading below both these averages. This suggests that the stock is underperforming in comparison to its historical average prices.

Moving Averages Trend (MACD)

MACD Analysis for IndusInd Bank: The MACD for IndusInd Bank is at -42.01, indicating a strong bearish momentum as it is significantly below the MACD Signal of -10.25. This suggests that the downward trend may continue in the short term.

RSI Analysis

The Relative Strength Index (RSI) of IndusInd Bank is 13.12, which is well below the typical oversold threshold of 30. This indicates that the stock is potentially oversold and may be due for a price rebound or correction.

Analysis for Infosys - March 11, 2025

Infosys Performance Description: Infosys Limited, a prominent player in the Information Technology Services industry based in India, experienced a challenging trading session with its stock closing at 1661.60 INR, reflecting a 2.34% decrease from the previous close. The relative strength index (RSI) indicates potential oversold conditions at 30.65, suggesting a cautious investor sentiment. Despite the decline, Infosys holds a substantial market cap of approximately 6.88 trillion INR, supported by a PE Ratio of 24.11 and EPS of 68.91.

Relationship with Key Moving Averages

The current closing price of Infosys at 1661.60 is below the 10 EMA of 1714.75, the 50 EMA of 1816.30, and the 200 EMA of 1784.11, indicating a bearish trend relative to these key moving averages. This suggests downward pressure, as the price is trading under these averages.

Moving Averages Trend (MACD)

Infosys is displaying a bearish sentiment with a MACD of -49.99 and a signal line of -41.97, indicating a downtrend momentum. The current MACD line is below the signal line, which strengthens the bearish outlook.

RSI Analysis

The RSI for Infosys is currently at 30.65, which suggests that the stock is nearing oversold territory. This level may indicate potential buying interest if investors anticipate a reversal or stabilization in price. However, it's important to consider other technical indicators and market conditions as well.

Analysis for Mahindra & Mahindra - March 11, 2025

Mahindra & Mahindra Performance: Mahindra & Mahindra experienced a drop in its share price, with a close at 2645.60, reflecting a decrease of 2.11% compared to the previous close. Despite a solid market cap of ₹3,172.55 billion and a PE ratio of 23.93, the stock's RSI is at 38.73, indicating it's nearing the oversold territory. The negative MACD value highlights a bearish momentum.

Relationship with Key Moving Averages

Relationship with Key Moving Averages for Mahindra & Mahindra: The current closing price of Mahindra & Mahindra at 2645.60 is below its 50-day EMA (2868.49), 200-day EMA (2758.28), 10-day EMA (2706.36), and 20-day EMA (2767.86). This indicates a potential bearish trend as the stock is trading below key moving averages.

Moving Averages Trend (MACD)

Mahindra & Mahindra MACD Analysis: The MACD value of -79.94 and the MACD Signal of -79.12 indicate that the stock is in a bearish phase. The MACD line being below the signal line suggests downward momentum in the near term.

RSI Analysis

Based on the given data, the RSI (Relative Strength Index) for Mahindra & Mahindra is 38.73, indicating that the stock is approaching the oversold territory. Typically, an RSI below 30 might signal an oversold condition, suggesting potential bullish opportunities if the trend reverses.

Analysis for Power Grid - March 11, 2025

Power Grid Corporation of India Limited Performance Overview: Power Grid's stock recently closed at 267.30, experiencing a decrease of 1.47% from its previous close of 271.30. This performance is amidst a market cap of 2,486,967,205,888 INR. The stock trades with a PE ratio of 16.04, reflecting its earnings per share of 16.66 INR. Technical indicators like MACD suggest bearish momentum, although the RSI at 49.32 indicates a near-neutral position. The company operates within the Utilities sector, specifically in the regulated electric industry, in India.

Relationship with Key Moving Averages

Based on the data provided for Power Grid, the current close price of 267.30 is below both the 50-day EMA of 277.82 and the 200-day EMA of 293.30, indicating a bearish trend. However, it remains above the 10-day EMA of 263.55 and the 20-day EMA of 265.22.

Moving Averages Trend (MACD)

Power Grid MACD Analysis: The MACD (-4.16) for Power Grid is currently below the MACD Signal line (-6.76), indicating a potential bullish crossover may be approaching. This suggests that the stock may be trending towards a positive momentum shift, but further confirmation with other indicators is advised.

RSI Analysis

Power Grid's RSI stands at 49.32, indicating a neutral market sentiment. As the RSI is close to 50, it suggests neither overbought nor oversold conditions, pointing to potential stability in price movements in the near term.