Financial Tech falls for 2nd day, plunges 23%

Shares in Financial Technologies (India) closed 23 per cent lower on Friday after its unit National Spot Exchange Ltd this week suspended trade in most of its forward contracts and deferred payments on client trades.

The stock slumped as much as 45 per cent to a record low during trade on Friday. (Track stock)

Shares in the technology provider had slumped 64.5 per cent on Thursday.



Copyright Thomson Reuters 2013