Exit SAIL, says Hemen Kapadia

Hemen Kapadia of KR Choksey Securities told CNBC-TV18, "Steel Authority of India (SAIL) doesn’t look exciting. It has strong support at Rs 80. Doesn’t look like going down much but doesn’t look like going up either, so one needs to exit."

Steel Authority of India ended at Rs 83.90, down Rs 2.75, or 3.17 percent.

The share touched its 52-week high Rs 112.90 and 52-week low Rs 46.20 on 09 June, 2014 and 22 August, 2013, respectively.