A total of 11 stocks declined between 1.21% and 5% at 11:41 IST on BSE on low volumes ahead of their inclusion in trade-to-trade segment from 22 August 2008.
Bombay Burmah (down 2.24% to Rs 349.50), Dwarikesh Sugar (down 2.05% to Rs 88.30), Global Vectra Helicorp (down 2.44% to Rs 70), Goa Carbon (down 5% to Rs 130.30), HMT (down 1.21% to Rs 69.50), ITI (down 1.62% to Rs 36.50), Lloyds Steel (down 2.22% to Rs 11.87), Petron Engineering (down 1.67% to Rs 243.80), Sabero Organics (down 5% to Rs 23.38), and Selan Exploration (down 1.02% to Rs 280.10), declined.
Meanwhile, BSE Sensex was down 96.98 points or 0.67% at 14,547.80 on weak global cues. US stocks sank on Monday, 18 August 2008, as the prospect of more losses from the mortgage crisis hurt the shares of banks and the two biggest home finance providers, pushing all three major indexes down about 1.5%.
Stocks in trade-to-trade group (T2T) group are to be compulsorily taken for delivery and hence intra-day trading in these scrips is not possible, resulting in dip in traded volumes.