Oberoi Realty, Capacite Infra stocks fall on Income Tax search buzz

Stocks of Mumbai-based Oberoi Realty and its vendor Capacite Infraprojects shed 2.17 per cent and 1.62 per cent, respectively, on Wednesday on the buzz that income tax department has searched the premises of the firms  on suspicion of dubious transactions. 

The Oberoi Realty stock fell upto 13.50 per cent in the intra-day trade. The stock has fallen 5.84 per cent since Tuesday.  

The stock exchanges have asked for clarification from the firm while Oberoi is yet to respond on it.