Mumbai: Koutons Retail India has listed on the NSE with public issue shares today, October 12, 2007.

Koutons Retail India got listed at Rs 510 on the National Stock Exchange, with a premium of 23 per cent to the issue price of Rs 415 per share.

In early trading (9:56 am), the stock gained 46.50 per cent at Rs 608. The total volume stood at 1.5 lakh shares. It touched an intraday high of Rs 620 and an intraday low of Rs 502.50.

The scrip opened at Rs 515 on BSE. In few minutes, it reached Rs 610, up 47 per cent to the issue price. It also touched a peak of Rs 649.

The 30-share benchmark index today opened up strongly after making a profit of 193 points at 18,473.43. The Sensex carried on its hopeful drive, as it appended over 350 points in the opening sessions of trade.

Asian stocks today continued to add gains on relieving worries that the world’s largest economic system is pointing towards a slump.

In early trading (10.13 a.m), BSE Sensex was trading at 18,646.18, up 365.97 points, where NSE Nifty was trading at 5434.55, up 107.3 points.

Sugar stocks were in the public interest in the opening session. The BSE Midcap ascended 1.91% while BSE Smallcap arose 1.68%.