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Vimal K

30th Apr · SEBI-Registered Analyst

WATCH OUT FOR WEEKLY TOP LOSERS

The weekly top losers in the Nifty 500 index reflect a broader downturn in major technology and banking stocks as of late April 2026. HCL Technologies leads the decline with a significant double-digit drop, followed closely by other IT heavyweights like Zensar Technologies and Infosys. HCL Technologies (HCLTECH) has faced a sharp correction, currently trading near its 52-week low of ₹1192.30. The stock is trading well below all its major EMAs, indicating a strong bearish trend. MACD histogram and Signal line below zero is signaling strong bearish momentum. Zensar Technologies (ZENSARTECH) has experienced a sharp technical breakdown, currently trading at ₹514.45, which is very close to its newly established 52-week low of ₹510.85. The stock is trading well below all its major EMAs, indicating a strong bearish trend. MACD histogram and Signal line below zero is signaling strong bearish momentum.

HCLTECH
ZENSARTECH

#WatchOutFor#StockInNews#EquityResearch#PsychologyofMoney#TechnicalViews
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