India Cements Plunges After Supreme Court Panel Suspends CSK

Mumbai: India Cements shares saw huge selling pressure on Tuesday, falling 6.5 per cent, after the company's franchisee Chennai Super Kings was suspended from the Indian Premier League (IPL) for a period of two years. Reversing its positive opening, the stock fell sharply by 6.31 per cent to Rs 88.25 on the BSE. Chennai Super Kings and Rajasthan Royals were on Tuesday suspended from the cash-rich cricket league for two years for be...