Financial Technologies (India), a provider of technology solutions for financial markets, witnessed a sharp fall in share price on Tuesday after government order to merger scam it subsidiary National Spot Exchange (NSEL) with the company. ''Merger to be effective with reference to FY14 balance sheet. Entire business of NSEL to be transfer to the company,'' the govt said.

Shares of the company are trading at Rs 169.65, down Rs 42.4, or 20% at the Bombay Stock Exchange (BSE) on Tuesday at 2:11 p.m.

The scrip has touched an intra-day high of Rs 217.50 and low of Rs 169.65. The total volume of shares traded at the BSE is 391,291.