Financial Technologies, MCX plunge amid concern over CBI probe - The New Indian Express

Financial Technologies, MCX plunge amid concern over CBI probe

Published: 14th March 2014 12:19 PM

Last Updated: 14th March 2014 12:19 PM

Shares Financial Technologies and Multi Commodity Exchange (MCX) plunged on Friday along with concern over Central Bureau of Investigation investigation.

The CBI, on Thursday, registered a case against top functionaries of the National Spot Exchange (NSEL) and the Projects and Equipment Corporation (PEC) for allegedly causing a loss of Rs 1.2 billion to the public-sector unit on the pretext of investments through the exchange.

Shares of Financial Technologies declined Rs 12.05, or 3.19%, to trade at Rs 365.95. The total volume of shares traded was 267,816 at the BSE (10.48 a.m., Friday).

MCX shares declined Rs 20.7, or 4.01%, to trade at Rs 495. The total volume of shares traded was 376,699 at the BSE (10.48 a.m., Friday).

comments powered by Disqus

Disclaimer: We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the NIE editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.


follow us Mobile Site iPad News Hunt Android RSS Tumblr Linekin Pinterest Youtube Google Plus Twitter Facebook