Mixed reaction by mkt to Ansals conviction

The stock market has today displayed a mixed reaction to the two real estate companies promoted by the Ansals brothers. The brothers were yesterday convicted for their role in the 1997 Uphaar Cinema tragedy. The sentencing will be held later today.

Scrip of Ansal Properties & Infrastructure, promoted by the elder broher Sushil Ansal, fell by 4.2% to Rs 241.90 at 1:37 PM.

Shares of Ansal Buildwell, promoted by Gopal Ansal, however, rose by 7.39% to Rs 92.65.