News for Megasoft Limited (MEGASOFT.NS)

IndusInd Bank, HDFC Bank, Kotak Bank, BPCL and Hero MotoCorp were among the top losers on NSE in today's trade.

The Nifty Pharma index closed 0.28 per cent up at 18969.45.

The Nifty Auto index closed 1.64 per cent up at 20584.85.

Chemfab Alkalis, Khaitan(India), Megasoft, Agro Tech Foods and Alphageo , hit their fresh 52-week highs during the day.

The Nifty Auto index was trading 0.16 per cent down at 20220.8.

Grasim Inds., BPCL, Bharti Airtel, Titan Company and IndusInd Bank were among the top losers on NSE.

The Nifty Bank index was trading 0.72 per cent up at 46871.15.

The Nifty Pharma index closed 0.26 per cent down at 15358.45.

Yudiz Solutions, Sangani Hospitals Ltd., BF Utilities, Megasoft and eMudhra, hit their fresh 52-week highs during the day.

The Nifty Bank index closed 0.13 per cent down at 43891.35.

In the Nifty pack, 17 stocks closed in the green, while 33 stocks ended in the red.

ITC, LTIMindtree, Power Grid, Divis Labs and Nestle India were among the top losers on NSE.

The Nifty Auto index was trading 0.07 per cent up at 15435.95.

Since October, FIIs have sold over Rs 3.68 lakh crore, while DIIs have net bought Rs 2.8 lakh crore worth of shares. This risk-off sentiment is largely thanks to inflation concerns, which have forced central banks in many countries to raise policy rate

Despite the benchmarks in red, Infosys shares extended rally to hit a fresh record high of Rs 1,913 on the BSE in Friday’s intra-day trade.

Apart from Infosys, Rategain shares also hit 52-week high after the stock rallied to Rs 411.15 intraday. Tech Mahindra, Starlite Components, Megasoft were among other scrips that hit 52-week high.

Amid tepid market momentum, 199 scrips on the BSE traded at 52-week high values while 10 stocks were down at 52-week lows.

Sensex added 1,000 points to hit a high of 58,634 points on Wednesday. The Nifty 50 index was up 283 points near 17,460.

Nifty50 on Thursday formed a strong bullish candle on the daily chart as it snapped a three-day losing streak and rallied. The index negated lower highs and lows of the last two sessions.