-10.51% Move Highlights bearish Momentum in ZOMATO.NS Stock on Jan 21, 2025

    Date:  Jan 21, 2025 (Tuesday)
    
    open  :  ₹223.00
    close :  ₹214.55
    low   :  ₹207.80
    high  :  ₹227.00 
    
    previous close:  ₹239.75 
    

On Jan 21, 2025 (Tuesday), ZOMATO LIMITED (ZOMATO.NS) in the consumer cyclical sector showed bearish momentum of -10.51% relative to previous day's close. The stock belongs to the internet retail industry within the consumer cyclical sector.

At the opening bell, the stock started with a significant gap down at ₹223.00, compared to the previous close of ₹239.75 (a significant gap down of -6.99%).

ZOMATO LIMITED which is a Large-Cap stock hit a high of ₹227.00 and a low of ₹207.80, creating a trading range of ₹19.20. The price movement for the day was -3.79% lower than the opening price.

During the day's session, the ZOMATO LIMITED saw a significant increase in trading activity, trading 308,198,126 shares, which is up 421.94% from the average of 59,048,128 shares. This surge in volume suggests heightened investor interest or a major event driving the stock's movement.

The stock showed high volatility (8.95%) with a wide trading range and a large movement (the stock surged from ₹207.80 to ₹227.00).

If we look at the last 30 days daily chart, the stock has been in a downtrend, and today's close < open forms a bearish candle, reinforcing the trend and signaling strong selling pressure as bearish sentiment persists.