Coal India tumbles 2% after block deal

Coal India shed 2.3 percent to Rs. 372 amid multiple block deals for 11.2 lakh shares in the price band of Rs. 373-373.50 on the BSE.

The stock opened at Rs. 382 as against the previous close of Rs. 381.10 on BSE. It has hit a high of Rs. 382 and a low of Rs. 371 on BSE today.

Total traded quantity on the counter stood at over 0.88 lk shares on BSE.

On Monday, the BSE benchmark index, the Sensex, opened 84 points higher at 28,526, and touched a high of 28,539 in opening trades on the back of positive start by index heavyweight – Reliance Industries on the back of record profit. And finally ended with a huge loss of 556 points (2 percent) at 27,886. In the process, the BSE index has now shed a whopping 1,158 points (4 percent) in the last four trading sessions.

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