Firstsource Solutions flags bearish move as five Nifty500 stocks close below VWAP

Closing prices slipped under VWAP for five Nifty500 stocks

Five Nifty500 stocks, including Firstsource Solutions, closed more than 2% below VWAP on April 24. Trading at levels under the volume-weighted average signals bearish sentiment and suggests selling pressure intensified. The move indicates traders may be turning cautious, with the market’s average price benchmark acting as a key technical line now breached.