This means the listing gain of a debutant stock will not exceed the 90% mark of the issue price.
This action, according to NSE, has been taken to standardise the opening price discovery or equilibrium price across exchanges during the special pre-open session. The change, which is not applicable to mainboard IPOS, has been implemented with immediate effect. "The price control cap of 90 per cent shall be applicable only to the SME segment and not for Mainboard IPOs/Relisted Securities/Public Debt," NSE said in its circular issued on Thursday.
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Amid Gaza strikes, Israel agrees to attend truce talks
ISRAEL carried out deadly air strikes in the Gaza Strip as the war entered its tenth month on Sunday, with fighting raging across the Palestinian territory and fresh diplomatic efforts under way to halt the violence.
Pollsters see French left dashing far right's hopes
Final results are not expected until noon today; lack of majority for any single alliance could plunge France into political, economic turmoil
4 swine flu deaths in Kerala this month
200 confirmed cases recorded; in June, the state reported 345 cases and five deaths
BJP discusses Delhi Assembly polls, to highlight 'corruption'
Says AAP has lost peopleâs trust as Delhiites reelected BJP in LS polls
BJP putting pressure on judiciary to keep Kejriwal in jail: AAP
THE AAP on Sunday alleged that the BJP is exerting undue pressure on the judiciary to ensure Delhi Chief Minister Arvind Kejriwal remains behind bars.
Naidu's plan to revive TDP in T'gana sets off buzz on alliance
Andhra Pradesh Chief Minister N Chandrababu Naidu on Sunday announced plans to reactivate the TDP in Telangana.
Post court battle, slain TN BSP chief buried at pvt land, Maya for CBI probe
AFTER a procession of nearly 20 km, featuring thousands of mourners, the mortal remains of Tamil Nadu BSP chief K Armstrong were laid to rest on a private land belonging to a relative at Pothur in Tiruvallur, on Sunday night.
Delhi breathes easy as air quality best this year
THE Air Quality Index in the capital was at its best on Sunday at 56, the lowest in the year, placing it in the \"satisfactory\" category, according to the data from the Central Pollution Control Board (CPCB).
CLUTCH DUTCHI
After going behind in opening half, Netherlands show fighting spirit in the second period of play to get over the line against Turkey; set up semifinal showdown with England
Tariff hike complies with regulatory framework: DoT
A day after the Congress party criticised the government over the tariff hike by telecom service providers (TSPs), the Ministry of Communication defended the increase, mentioning that the hike complies with the prescribed regulatory framework.
