Cairn India stocks fall over deal issue

The stock price of Cairn india falls by around 2 pc on BSE and was trading at Rs 344.60 per share. While on NSE the stock was down by 1.80 pc and trading at Rs 344.35, at 10.30am.

Earlier, the cabinet referred the $9.6-billion Cairn-Vedanta deal to a panel of ministers on Wednesday, delivering another blow to the controversial transaction that has struggled with regulatory approvals for nearly eight months since it was announced and has an April 15 deadline.