Indiabulls Group shares tumble; Indiabulls Housing ends 34% lower

Shares of Indiabulls Group companies were under pressure for the second consecutive trading day, tanking up to 38 per cent on the BSE on Monday, after the Delhi High Court agreed to hear public interest litigation (PIL) seeking special investigation team (SIT) probe into Indiabulls Housing Finance.

Indiabulls Housing Finance saw its sharpest intra-day fall since listing, plunging 38 per cent to Rs 240, also its 52-week low on the BSE. The trading volumes on the counter jumped four-fold with a combined 59 million equity shares changed hands on the NSE and BSE till 12:06 pm.

Among individual stocks,