9:35 am Pharma continues to outperform: Nifty Pharma index gained 0.2 percent, outperforming all other indices that are under pressure. Big NAVRATRI OFFERS– Free Equity Tips on Mobile and more Call us on 9644405056.
Sun Pharma, Glenmark Pharma, Cadila Healthcare and Dr. Reddy’s Labs were up 0.1-1.1 percent.
9:30 am IPO subscription: The Rs 8,400-crore initial public offering of SBI Life Insurance Company has been subscribed 58 percent on the final day, as per latest data available on exchanges.
The issue received bids for 5.08 crore equity shares against IPO size of 8.82 crore shares, excluding anchor investors’ portion.