News for Shah Alloys Limited (SHAHALLOYS.BO)

In the Nifty 50 index, 27 stocks ended in the green, while 23 stocks closed in the red in today's trade.

The Nifty Bank index was trading 0.1 per cent up at 54022.1.

Shah Alloys, Precision Wires, Skipper Ltd(PP), Vishwaraj Sugar and Summit Sec, hit their fresh 52-week highs at 10:39AM.

Tata Consumer, LTIMindtree, Tata Motors, Tech Mahindra and Britannia were among the top losers on NSE.

The Nifty Pharma index closed 0.23 per cent up at 23188.4.

The Nifty Bank index closed 0.25 per cent down at 53968.6.

Shah Alloys, Sonam Clock, S H Kelkar & Co., AstraZeneca and Chaman Lal Setia, hit their fresh 52-week highs during the day.

SBI Life, HUL, Grasim Inds., UltraTech Cem. and Shriram Finance were among the top losers on NSE in today's trade.

Sonam Clock, Shah Alloys, GeeCee Ventures, AstraZeneca and S H Kelkar & Co., hit their fresh 52-week highs at 11:20AM.

The Nifty Pharma index was trading 0.2 per cent up at 23179.55.

The Nifty Bank index was trading 0.04 per cent down at 54085.0.

In the Nifty pack, 25 stocks were trading in the green, while 25 stocks were trading in the red.

HUL, HDFC Life, LTIMindtree, Bajaj Finance and SBI Life were among the top losers on NSE.

The BSE midcap and smallcap indices shed over a percent each.

In the Nifty pack, 27 stocks closed in the green, while 23 stocks ended in the red.

The Nifty IT index was trading 0.58 per cent down at 30005.25.

Much of the wealth erosion was seen in the last four days, with more than Rs 14 lakh crore of wealth destroyed in four consecutive sessions (September 21-26).

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

All sectors were trading in the red, down 1-4 percent. The BSE Information Technology was the biggest loser, falling 4 percent followed by metal, finance and Bankex, which declined more than 3 percent each