New Delhi, June 2 -- Shares of Anil Agarwal-led mining major Vedanta Limited lost over 4% from the day's high on Tuesday, 2 June, following the raids at the premises linked to the group by financial crime-fighting agency Enforcement Directorate (ED).

According to a PTI report, the ED was conducting the searches as part of an investigation under the Foreign Exchange Management Act (FEMA).

Following the reports, Vedanta shares, which opened higher in trade today, witnessed some selling pressure and slipped into the red. Vedanta share price hit the day's low of Rs.328.30 on the BSE as it lost 4.4% from the day's peak of Rs.343.50 and over 2% from its last close of Rs.337.25.

Trading activity was higher than usual. Data as of 12.30 pm show...