Adani Enterprises Ltd Hits Intraday Low Amid Price Pressure on 9 Mar 2026 Adani Enterprises Ltd experienced a notable decline today, touching an intraday low of Rs 1,944 as the stock faced significant price pressure amid a broadly weak market environment. The share price fell by 4.65% at its lowest point, underperforming its sector and the broader indices. Intraday Performance and Price Movement The stock opened sharply lower with a gap down of 2.39%, setting a negative tone for the trading session. Throughout the day, Adani Enterprises demonstrated high volatility, with an intraday volatility measure of 175.31% based on the weighted average price. This heightened price fluctuation contributed to the stock hitting its intraday low of Rs 1,944, representing a 4.65% decline from the previous close. By the end of the day, the stock recorded a day change of -4.45%, underperforming the diversified sector by 2.26%. This marks the second consecutive day of losses, with the stock falling a cumulative 6.35% over this two-day period. Technical Indicators and Moving Averages Adani Enterprises is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning indicates sustained downward momentum and suggests that the stock remains under pressure from a technical standpoint. Market Context and Broader Index Performance The decline in Adani Enterprises shares coincided with a sharp fall in the broader market. The Sensex opened with a gap down of 1,862.15 points and further declined by 468.21 points to close at 76,588.54, down 2.95% on the day. This marked the third consecutive weekly fall for the Sensex, which has lost 7.52% over the past three weeks.#sensex #nifty_realty #s_p_bse_dollex_30 #adani_enterprises_ltd #nifty_it
Jio Financial Services Ltd Hits Intraday Low Amid Price Pressure Jio Financial Services Ltd experienced a sharp decline today, hitting an intraday low of Rs 227.1, marking significant price pressure amid broader market weakness and underperformance within its sector. The stock opened with a gap down of -2.11%, signaling immediate selling pressure. Throughout the day, the share price continued to fall, reaching a low of Rs 227.1, down -5.14% from the previous close. This decline outperformed the Non Banking Financial Company (NBFC) sector, which itself dropped by -2.52% on the day. Volatility was pronounced, with the stock showing an intraday volatility of 23.25% based on the weighted average price. This indicates heightened uncertainty and active trading. The share price remains below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, highlighting a sustained downward trend in the short to long term. Over the past two sessions, Jio Financial Services Ltd has cumulatively lost -6.36% in returns. This weakness contrasts with the broader market, where the Sensex fell by -2.99% after a sharp gap down opening of -1,862.15 points. The Sensex has now recorded a three-week consecutive decline, losing -7.55% over this period. Compared to the Sensex, Jio Financial’s performance remains notably weaker. Over one day, the stock fell -4.43% versus the Sensex’s -2.73%. Over one week, the stock declined -8.08% against the Sensex’s -4.33%, and over one month, the stock’s loss of -15.02% outpaced the Sensex’s -8.68% fall. Year-to-date, the stock is down -22.43%, compared to the Sensex’s -9.92%. The NBFC sector, to which Jio Financial Services Ltd belongs, faced downward pressure today, falling -2.52%.#sensex #jio_financial_services_ltd #nbfc_sector #nifty_realty #s_p_bse_dollex_30
