New Delhi, Aug. 25 -- Apollo Tyres traded 52.57 lakh shares on Monday. By 11:49 on Tuesday it had traded 2.20 lakh. Whatever was moving through this stock for five sessions appears to have finished moving, and nobody ever said what it was.

49 IST, down Rs.4.35 or 0.98 percent on Monday's close of Rs.445.85, and at the same Rs.441.50 on the BSE. Apollo opened at Rs.447.00, got no further than Rs.447.15, and has worked down to Rs.440.55. Turnover so far is 26.8 percent of what has become a distorted twenty-session average, and extrapolates to roughly 5.4 lakh shares for the full day. These are live intraday figures from a session that settles at 15:30.

Monday's session was the loud one. The stock gapped 5.77 percent higher at the open, to...