Wednesday, 19 April 2017

Indiabulls Real Estate tanks 10% as NSE probes F&O trades

Shares of Indiabulls Real Estate tumbled 10 percent in early trade on the Bombay Stock Exchange after a media report suggested that National Stock Exchange is looking into F&O trading data of company following reports of alleged manipulation. Reacting to the news, shares of the company declined as much as 9.97 percent to hit an intra-day low of Rs 121.35 apiece on the Bombay Stock Exchange. Paring early losses, the scrip was currently trading at Rs 132.95 against the previous close price of Rs 134.80.

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