Volumes fall 50% on short sale ban
Sebi decision to ban short sales with effect from Thursday in a bid to stem the slide in the market has led to a fall in the turnover by over 50%. Moreover, even after the market regulator's move, volatility on the bourses continued unabated.
GTB scrip falls 13% over KP scandal
Thanks TO the scandal over Ketan Parekh buying a sizeable stake in private sector bank just before its merger with UTI Bank, Global Trust Bank's scrip fell sharply on the bources on Thursday.
NIIT crashes 16% on profit warning
Computer major NIIT's stock crashed by 16% to Rs 1003.40 on heavy pounding triggered by profit warnings induced by slowdown in the US economy.