Shares of PNB, too, declined by 8 per cent to trade at Rs 115.60 per share after the Central Bureau of Investigation (CBI) on Monday sealed the Brady House Branch of the bank as multiple probe agencies continued with their probe into the multi-crore fraud.
The shares of the two companies started to decline following the country's second largest state-run bank PNB's declaration of unearthing a fraud of Rs 11,515 crore involving diamantaire Nirav Modi.
The fraud, which included money-laundering among others, concerned the Firestar Diamonds group in which the CBI booked Modi, his wife Ami, brother Nishal Modi and uncle and business partner Mehul Choksi -- who promotes the luxury jewellery brand Gitanjali Gems.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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