As per the data available with the National Stock Exchange (NSE), as of 1415 hours, the total bids received by the HUDCO IPO stands at 31,15,94,000. The total bids received at cut off prices stands at 17,13,73,000. The data shows that the issue got subscribed by 153%.
The BSE Healthcare index is one of the top losing index post lunch hours on BSE. It is trading 0.33% down at 14,735.
The stock of Lupin is contributing majorly to the index losses and dragging it to lower levels. It is trading down 2.7% at Rs 1245 per share.
Other stock such as Poly Medicure is trading down by 3% at Rs 246 per share, Aurobindo Pharma is down by 1.2% at Rs 596 per share and Sun Pharmaceutical is down by 0.3% at Rs 635.
The stocks such as Kopran, Narayana Hrudayalaya and Hikal are trading in green on BSE.
Other buzzing stocks of the day are Godrej Consumer Products, Polaris Consulting, Balrampur Chini Mills, JSW Energy and Ansal Properties which are trading in green.
At 3 PM, the S&P BSE Sensex is trading at 29,940 up 14 points while NSE Nifty is trading at 9318 up 4 points. A total of 98 stocks registered a fresh 52-week high in trade today, while 17 stocks touched a new 52-week low on the NSE.
The BSE Mid-cap Index is trading up 0.16% at 14815, while BSE Small-cap Index is trading up 0.50% at 15539.
Some buying activity is seen in Power, Metal and Realty indices, while Healthcare, Finance and Consumer Durables indices are showing weakness on BSE.
IOC, Wipro, Axis bank and Hindalco are among the gainers, whereas Lupin, Bharti Airtel, Grasim and Bank of Baroda are losing on the NSE.
The INDIA VIX is down 5.1% at 11.06.
