On September 25, the closing prices of six Nifty500 stocks fell over 2.5% and ended more than 1% below their VWAP (Volume Weighted Average Price). A close below VWAP often indicates a potential bearish trend, according to technical scan data from StockEdge.com.
VWAP represents the average price at which a stock was traded during the day, weighted by volume. When the closing price is below this level, it may suggest increased selling pressure.