STEEL AUTHORITY OF INDIA

143.04 -11.48 (-8.02%)

Stop-loss on the minds of SAIL investors as it delivered massive losses

5 min read

STEEL AUTHORITY OF INDIA is a falling knife that can bleed you if you catch it on Monday. It lost -8.02% to close at 143.04. On a day when the overall market breadth was 35%, it closed higher than 17% of the market. In comparison, the benchmark NIFTY-50 index closed today at -0.026%.

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