Rediff.com Plunging 5%

Rediff.com India Limited

shares just took a whoosh down on heavy volume. At last check, shares of Rediff.com were off 61 cents to $9.67, a loss of 5.9% on less than 1 million shares. This is a light volume move, as the average daily volume is 2.6 million shares. Rediff.com India Limited provides online Internet based services in India and to the global Indian community. The company's Websites consist of channels relevant to Indian interests, such as cricket, astrology, matchmaker, and movies.