Vedanta shares decline nearly 2%

Shares of Vedanta on Tuesday fell by nearly 2 per cent after Taiwan’s Foxconn withdrew from a USD 19.5 billion semiconductor joint venture with mining baron Anil Agarwal’s firm.

The stock went lower by 1.67 per cent to settle at Rs 277.55 apiece on the BSE. During the day, it declined 2.60 per cent to Rs 274.90.

On the NSE, it fell by 1.59 per cent to end at Rs 277.75 per share.

In volume terms, 6.66 lakh shares of the company were traded on the BSE and over 1.36 crore shares on the NSE during the day.