The other gainers were Kalyani Invest Company, Maharashtra Scooters, Mask Investments, Nalwa Sons Investment and TVS Holdings, which gained between 10% and 4%.
The exchange had shared the list of eligible securities via a circular issued on October 14.
The special pre-opening session (SPOS) is being conducted to determine equilibrium/opening price of scrips. The SPOS will be treated as successful if price discovery is based on orders received from at least 5 Permanent Account Number (PAN)-based unique buyers and sellers i.e. at least 5 unique PAN on each side, the NSE circular said.
In case the security is listed on multiple stock exchanges and the SPOS is successful on any one stock exchange, the price discovered at that stock exchange will form the base for normal market trading at other stock exchanges.
If the SPOS for the security is not successful on Day 1, a session will be conducted on subsequent trading days, until the price is discovered at any of the exchanges. In case the minimum criteria for 5 PAN-based unique buyers and sellers is not met i.e. unsuccessful price discovery, all outstanding orders will be cancelled by the exchange at the end of the session (including matchable orders, if available). This will be irrespective of the status of price discovery in that security at the other exchanges, the circular said further.Also Read: What to do with Bajaj Auto, DMart, Manappuram Finance and 3 other stocks? Aamar Deo of Angel One decodes
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