Nykaa extends fall on listing of bonus shares; stock slips 17% in two days

At 09:15 am, around 30.62 million shares changed hands on the BSE, the exchange data showed

Shares of Nykaa parent FSN E-Commerce Ventures slipped 9 per cent to Rs 175 on the BSE in Wednesday’s intra-day trade on the back of heavy volumes after nearly 2,374 million bonus equity shares got listed with effect from today.

In the past two trading days, the stock has slipped 17 per cent.

At 09:21 am; shares of Nykaa were trading 4 per cent lower at Rs 184.25 as compared to a 0.19 per cent decline in the S&P BSE Sensex. A combined 39.4 million shares changed hands on the counter on the BSE and NSE. At 09:15