A share sale in top iron ore miner NMDC was fully covered by late

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afternoon on Friday, two sources with direct knowledge of the deal said.

Most of the bids have been at the lower end of the 300-350 rupees price band, they said.

The institutional order book was fully covered on Thursday, the second day of the share offering worth up to $2.6 billion, thanks to big orders from two state-run financial groups, sources told Reuters.