Financials stocks were trading with losses, with the S&P BSE Finance index falling 106.67 points or 1.37% at 7685.04 at 13:48 IST.
Telecom stocks were trading with losses, with the S&P BSE Telecom index falling 20.58 points or 1.5% at 1355.3 at 13:48 IST.
Indoco Remedies Ltd recorded volume of 5.35 lakh shares by 14:14 IST on NSE, a 7.64 times surge over two-week average daily volume of 70027 shares.
The Nifty 50 index was down 115.9 points or 0.77% at 14964.85.
The IPO has received bids for 44.57 crore equity shares till 1.10 pm against an offer size of 72.6 lakh equity stocks, translating into a subscription of 61.38 times, data available on the exchanges showed.
CLSA said that there are early signs of reversal in this sector after years of decline.
We remain constructively positive on the market from a long term perspective.
Here is the list of top stocks that could be in focus on March 5.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 186 points at the opening bell.
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 186 points at the opening bell.