NSE Nifty 50: Top 5 stock losers of March 28, 2025

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

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 Cipla - March 28, 2025

Cipla, a prominent player in India's healthcare sector and specifically within the drug manufacturing industry, experienced a decline in its stock performance. The stock witnessed a 2.74% decrease with a closing value of 1442.20, falling 40.70 points from the previous close of 1482.90. Despite a solid market capitalization exceeding 1 trillion INR, its recent RSI of 42.25 suggests it's approaching an oversold condition, and a PE ratio of 23.38 indicates a moderately valued stock in comparison to earnings.

Relationship with Key Moving Averages

Cipla's current stock price is trading below its key moving averages: the 50 EMA at 1470.75, the 200 EMA at 1475.03, and the 10 EMA at 1482.15. This indicates a bearish momentum in the short term, as the closing price is also below the 20 EMA set at 1476.57.

Moving Averages Trend (MACD)

The MACD for Cipla is showing a bearish trend as the MACD line (7.87) is below the Signal line (9.98). This suggests that the stock may experience a continued downward movement in the short term until a bullish crossover occurs.

RSI Analysis

Based on the RSI (Relative Strength Index) value of 42.25 for Cipla, the stock appears to be in a neutral zone, but it's leaning toward being oversold. This suggests there may be potential for a price stabilization or upward correction, as it's not yet in the oversold territory typically marked by RSI values below 30.

Analysis for IndusInd Bank - March 28, 2025

IndusInd Bank has exhibited a notable decline, with a % change of -3.52% and a closing price of 649.85. The RSI is at 25.98, indicating that the stock is potentially oversold. Additionally, the bank's MACD suggests a bearish trend.

Relationship with Key Moving Averages

IndusInd Bank's current closing price of 649.85 is notably below its 50-day EMA of 870.36 and 200-day EMA of 1102.92, indicating a bearish trend. The stock also trades below its 10-day EMA of 687.59 and 20-day EMA of 756.48, further suggesting downward momentum.

Moving Averages Trend (MACD)

The MACD analysis for IndusInd Bank shows a negative divergence as the MACD value of -87.73 is below the MACD Signal value of -83.78. This indicates a bearish momentum, suggesting that the stock might continue to decline if the trend persists.

RSI Analysis

IndusInd Bank's RSI value is 25.98, indicating that the stock is in an oversold territory. This suggests that the stock has experienced recent selling pressure and might be undervalued in the short term, potentially presenting a buying opportunity for investors.

Analysis for Mahindra & Mahindra - March 28, 2025

Mahindra & Mahindra recorded a decline in stock price with a closing value of 2665.80, down from a previous close of 2733. The stock showed a negative percentage change of -2.46%, and the RSI level is at 40.94, suggesting potential bearish momentum. The MACD is also negative, reflecting a bearish trend.

Relationship with Key Moving Averages

Mahindra & Mahindra closed at 2665.80, which is below its 50 EMA (2816.92), 200 EMA (2755.63), and 10 EMA (2729.86), indicating a bearish trend in the short to long term. This below-EMA closing suggests potential resistance at these levels.

Moving Averages Trend (MACD)

The MACD for Mahindra & Mahindra is at -28.29, indicating a bearish trend as it is below the MACD Signal line, which is at -36.84. This suggests that the current momentum is negative, and caution should be exercised if considering a bullish position.

RSI Analysis

Mahindra & Mahindra has an RSI of 40.94, which suggests the stock is approaching an oversold condition but is not yet at a critical level below 30. This indicates that the stock may be under some selling pressure, but it is not in the oversold territory where a potential buying opportunity could be evaluated.

Analysis for Shriram Finance - March 28, 2025

Shriram Finance experienced a decline in its stock price, closing at 656.0 with a percentage change of -3.32% from the previous close of 678.5. The company's market capitalization stands at approximately 1,233.53 billion INR, with a PE ratio of 15.88 and an EPS of 41.32. Despite the recent drop, the stock displays overall resilience with an RSI of 58.6 and appears relatively strong given its EMAs and MACD figures.

Relationship with Key Moving Averages

Shriram Finance, with a closing price of 656.0, is trading above its 50-day and 200-day EMAs, which are 612.33 and 577.70, respectively, indicating a positive trend in the medium to long term. However, it is trading slightly below the 10-day EMA of 661.55, suggesting short-term weakness or possibly a pullback.

Moving Averages Trend (MACD)

The MACD for Shriram Finance is 23.737, while the MACD Signal is 23.703, suggesting a slight bullish trend given the close proximity and positive value. This indicates potential upward momentum in the stock's price.

RSI Analysis

RSI Analysis for Shriram Finance: The Relative Strength Index (RSI) for Shriram Finance is 58.62, which is generally considered to be a neutral to mildly bullish indicator. It suggests that the stock is neither overbought nor oversold, and is in a stable trading range.

Analysis for Wipro - March 28, 2025

Wipro, in the Technology sector and part of the Information Technology Services industry in India, experienced a decline in its stock performance. The stock closed at 262.25, a decrease of 3.66% from the previous close, with a significant negative points change. The market indicators show the stock is below key EMA values, with an RSI indicating potential oversold conditions.

Relationship with Key Moving Averages

Wipro's current stock price of 262.25 is trading below the 10 EMA, 20 EMA, 50 EMA, and 200 EMA, which indicates potential bearish sentiment. The RSI value of 36.63 suggests that the stock might be approaching oversold territory. The negative MACD value further supports the ongoing downward trend.

Moving Averages Trend (MACD)

MACD Analysis for Wipro: The MACD value of -7.97 indicates a negative trend, suggesting potential bearish momentum. However, since the MACD Signal is even lower at -8.60, it could imply the possibility of an upcoming bullish crossover if the MACD starts to rise above the signal line.

RSI Analysis

For Wipro, the RSI value is 36.63 which suggests that the stock is approaching oversold levels. It's below the crucial level of 50, indicating bearish momentum. Investors may need to watch for trends or signals of potential upturns.