Mumbai: Share of Money Matters Financial Services today nosedived by 20 percent, hitting a lower circuit on BSE, on allegations that the firm bribed senior officials of public sector financial institutions for procuring loans for corporates. The Mumbai-based investment bank's shares had yesterday tumbled by 20 percent on emergence of a real estate scam involving it and several state-owned institutions like Life Insurance Corporation, LIC Housing Finance, Central Bank of India, Bank of India and Punjab National Bank. Extending last session's losses, share of Money Matters today also opened weak and tanked by 19.99 percent to 425 on the Bombay Stock Exchange. The counter witnessed a similar plunge on the National Stock Exchange , where it was quoting at 427.05, reflecting a fall of 19.99 percent from the previous close. Besides, share of Punjab National Bank was also trading 3.9 percent lower at 1,215.10. In contrast, shares of LIC Housing Finance and Central Bank of India today rebounded with a gain of 3.97 percent and 7.98 percent respectively on BSE in the morning trade, on buying at lower levels. Meanwhile, the benchmark Sensex was trading firm at 19,598.63, up 138.78 points from previous close.