MUMBAI, Dec 11 (Reuters) - Shares in Indian state-run miner
NMDC Ltd fell 1.8 percent in early trade after sources
said the government may on Tuesday announce a floor price for
the NMDC issue in a range of 145 rupees to 150 rupees a share.
Dealers say in the short term, the stock may fall, chasing
the likely price band which is below Monday's close of 154.75
India has set a share sale in state miner NMDC Ltd
for Wednesday, the company said, in a deal which sources said
could add up to $1.1 billion to government efforts to ease its
yawning budget deficit.
(Reporting by Abhishek Vishnoi; Editing by Anupama Dwivedi)