NSE Nifty 50: Top 5 stock losers of April 1, 2025

In this article, we will explore the technical indicators of some of the low-performing stocks on the Indian stock market, including BAJAJFINSV, BEL, HCLTECH, HDFCBANK, and SHRIRAMFIN.

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 - April 01, 2025

Bajaj Finserv Performance: Bajaj Finserv had a notable daily decline with its stock closing at 1937.10, experiencing a percent change of -3.50% from its previous close of 2007.35. Despite this dip, the stock’s 50-day and 200-day EMAs suggest a bullish trend over the longer term. The company's performance in the financial services sector is underscored by a market cap of over 3 trillion INR and a PE ratio of 36.42, indicating robust market confidence and a substantial earnings potential with an EPS of 53.19.

Relationship with Key Moving Averages

Bajaj Finserv's closing price of 1937.10 is above its 10-day EMA of 1926.62 and 20-day EMA of 1893.14, indicating recent positive momentum. However, it is below the 50-day EMA of 1835.11, demonstrating a longer-term upward trend. The price remains well above the 200-day EMA of 1736.25, confirming a generally bullish long-term trend.

Moving Averages Trend (MACD)

The MACD for Bajaj Finserv is 39.05, with a signal line at 27.74. Since the MACD is above the signal line, it indicates a bullish trend, suggesting potential upward momentum in the stock price.

RSI Analysis

Based on the data provided, Bajaj Finserv's Relative Strength Index (RSI) is 58.16. In general, an RSI above 70 may indicate an overbought condition, while an RSI below 30 might suggest an oversold condition. With an RSI of 58.16, Bajaj Finserv is currently in a neutral zone, indicating balanced momentum without being overbought or oversold.

Analysis for Bharat Electronics - April 01, 2025

Bharat Electronics experienced a decline in its stock closing at 292.0 INR, a decrease of approximately 3.09% from the previous close of 301.32 INR. Despite high trading volume, it remained below the 10-day EMA of 293.91 INR, indicating short-term bearish sentiment. The stock's RSI is at 57.98, hinting at a moderately positive momentum, while its PE Ratio suggests relatively high valuation for the industry.

Relationship with Key Moving Averages

Bharat Electronics has its stock 'BEL.NS' closing at 292.0, which is above its 200_EMA of 272.03 and 50_EMA of 279.37 but slightly below its 10_EMA of 293.91 and significantly above its 20_EMA of 286.40. This suggests a short-term bearish outlook since the closing price is below the 10_EMA but maintains a longer-term bullish trend given the position above its 50 and 200 EMAs.

Moving Averages Trend (MACD)

Bharat Electronics is showing a positive MACD value of 8.78, which is above the MACD Signal of 7.49. This indicates a bullish momentum. RSI at 57.98 suggests mild bullish sentiment, not yet reaching overbought conditions.

RSI Analysis

Bharat Electronics' RSI stands at 57.98, which suggests the stock is neither overbought nor oversold, indicating a relatively neutral momentum. As it is close to 60, it might be experiencing slight upward momentum, but it remains within the typical range, not signaling any immediate extreme market conditions.

Analysis for HCL Technologies - April 01, 2025

HCL Technologies: HCL Technologies experienced a notable downturn, closing at 1530.35 after opening at 1577. This reflects a negative change of approximately -3.90% from its previous close of 1592.5, amid a volume of 4,126,534 shares traded. Despite being in the technology sector with a substantial market cap of 4,147,661,504,512 INR, the company's current performance, indicated by a low RSI of 35.89 and a negative MACD, suggests bearish sentiment.

Relationship with Key Moving Averages

HCL Technologies' stock is currently trading below its 50-day EMA at 1653.77 and significantly below its 200-day EMA at 1675.44, suggesting a bearish trend. The recent closing price of 1530.35 also indicates it is below the 10-day and 20-day EMAs, pointing to short-term bearishness.

Moving Averages Trend (MACD)

MACD Analysis for HCL Technologies: The MACD for HCL Technologies is currently at -20.10, with a signal line of -28.45, indicating a bearish momentum as the MACD line is above the signal line. This suggests a downward trend, and combined with the RSI being at 35.89, it points towards a potentially oversold condition.

RSI Analysis

HCL Technologies currently has an RSI of 35.89, which suggests that the stock is nearing the oversold territory. This may indicate that the stock is experiencing bearish momentum. Investors might consider monitoring the RSI for any signs of reversal or continued downtrend.

Analysis for HDFC Bank - April 01, 2025

### HDFC Bank Performance HDFC Bank's stock opened at 1802.0 and closed at 1767.85, marking a 3.30% decline from its previous close of 1828.20, with a point change of -60.35. The stock traded with a significant volume of 14,252,802 shares, moving between a high of 1809.90 and a low of 1765.35. It has a 10-day EMA of 1782.81 and a 50-day EMA of 1733.32, indicating short-term bullish momentum. Additionally, the company, with a market cap of 13,527,410,540,544 INR, operates in the financial services sector in India with a PE ratio of 19.77.

Relationship with Key Moving Averages

HDFC Bank's closing price of 1767.85 is slightly above its 20-day EMA (1757.72) but below its 10-day EMA (1782.81). The stock is trading above its 50-day EMA (1733.32) and significantly above the 200-day EMA (1690.92), suggesting it is in a relative upward trend over the medium to long term despite the recent pullback.

Moving Averages Trend (MACD)

HDFC Bank MACD Analysis: The MACD value for HDFC Bank is 28.09, which is above the MACD Signal line of 20.77. This suggests a bullish trend as the MACD line is above the signal line, indicating potential upward momentum. However, additional indicators should be evaluated for a comprehensive analysis.

RSI Analysis

HDFC Bank's Relative Strength Index (RSI) is at 54.54, which suggests that the stock is neither overbought nor oversold. An RSI value between 30 and 70 typically indicates a neutral position, with the potential for movement in either direction based on market conditions.

Analysis for Shriram Finance - April 01, 2025

### Shriram Finance Performance Overview Shriram Finance closed at 637.45, a decrease of 2.83% from the previous close of 656. The trading volume was notably high, at 7,600,748 shares. Key indicators such as the 50 EMA (612.98) and 200 EMA (573.07) suggest a longer-term upward trend, while the 10 EMA (657.17) and 20 EMA (643.14) point to recent volatility. The RSI of 51.49 indicates a balanced momentum.

Relationship with Key Moving Averages

Shriram Finance's current stock price at close (637.45) is below its 10 EMA (657.17) and 20 EMA (643.14) but remains above the 50 EMA (612.98) and 200 EMA (573.07), indicating a short-term bearish trend against its recent averages while maintaining long-term strength.

Moving Averages Trend (MACD)

MACD Analysis for Shriram Finance: The MACD value for Shriram Finance is 20.34, which is below the MACD Signal of 23.04. This suggests a bearish trend, as the MACD line is below the signal line, indicating potential downward momentum in the short term.

RSI Analysis

RSI Analysis for Shriram Finance Shriram Finance has an RSI of 51.49, which is considered a neutral zone indicator. This suggests that the stock is neither overbought nor oversold, indicating a balanced momentum at the current period. Traders may observe the RSI closely for potential signals as the value approaches the overbought (above 70) or oversold (below 30) thresholds.