NHPC lists under pressure

NHPC listed at the BSE at a well attended listing ceremony held at the convention centre. The IPO had received a huge response during its road shows and was oversubscribed over 23 times. The issue price was Rs 36. The listing price at the BSE was Rs 39 while on the NSE it listed at Rs 42. 

Details at 10.45 am are as follows:-

Exchange Open High Low Current Avg Price Volume
BSE 39.00 39.75 36.75 38.00 37.46 98279614
NSE 42.00 42.00 36.75 38.00 37.47 265130693

The total volume traded is already 36.33 cr shares which is roughly one fifth of the shares issued. More on it during the day.

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