Jana Small Finance Bank's Stock Faces Downward Trend, Underperforms Sector and Market

Jana Small Finance Bank, a midcap private bank, has been facing a downward trend in its stock performance. On October 22, 2024, the bank's stock lost -6.27% of its value, leading to a 'Sell' call by MarketsMOJO. This underperformance was also reflected in the stock's performance compared to the sector, with a -7.47% difference.

The bank's stock has been on a consecutive fall for the last 5 days, resulting in a -16.16% decline in returns during this period. On the day of the news article, the stock opened with a loss of -3.6% and touched an intraday low of Rs 462.9, a significant -8.92% drop.

In terms of moving averages, Jana Small Finance Bank's stock is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a negative trend in the stock's performance.

Compared to the overall market performance, Jana Small Finance Bank's stock has underperformed. On the day of the news article, the stock's performance was -6.69% while the Sensex's performance was 0.19%. In the past month, the stock's performance was -17.92% compared to the Sensex's -3.83% performance.

Despite these recent declines, it is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative tone for readers interested in the stock performance of Jana Small Finance Bank.