Balaji, Mukta Arts Volumes Plunge

Trading volumes dipped by more than 90 per cent in Balaji Telefilms and Mukta Arts following the Securities Exchange Board of India's (Sebi) move to bring the two scrips under the trade-to-trade basis and optional rolling settlement from today.

Combined volumes of Balaji Telefilms on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) dropped by 89 per cent to just total 10 lakh shares today against 94 lakh shares traded on Friday. On the BSE, 16,691 shares were traded on a trade-to-trade basis and 2.13 lakhs shares were traded on the rolling segment, while at the NSE 7.95 lakh shares changed hands against 53 lakh shares as on Friday. At close, Balaji Telefilms was down by 2.62 per cent at Rs 191.50 against Friday