On May 12, five Nifty500 stocks including Sonata Software finished more than 2.5% below their VWAP, a sign that the closing price undercut the volume-weighted average. Analysts read this as stronger selling pressure, weaker intraday sentiment, and a potential near-term downside risk for the flagged counters.
On May 11, five Nifty500 stocks, including PVR Inox, finished more than 2% below their VWAP, a level tracked by traders as the average traded price. Closes beneath VWAP typically point to heavier selling than buying through the day, worsening intraday sentiment and hinting at short-term weakness in these counters.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
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.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
