Striking gold: Alibaba's shares jump on first day in NYSE
Alibaba debuted as a publicly traded company Friday and swiftly climbed nearly 40 percent in a mammoth IPO .<br />
Alibaba Group Holding Ltd founder Jack Ma (C) and Joseph Tsai (center L), vice chairman and co-founder, pose with employees as they arrive for the company's initial public offering (IPO) under the ticker "BABA", at the New York Stock Exchange. Reuters
Alibaba Group Holding Ltd. founder Jack Ma celebrates after ringing a ceremonial bell at the New York Stock Exchange to celebrate the company's IPO. Alibaba Group Holding Ltd's shares surged by more than 40 percent in their first day of trading on Friday as investors jumped in to buy what looks likely to be the largest IPO in history. Reuters
Specialist traders work at the post that trades Alibaba Group Holding Ltd during the company's initial public offering (IPO) under the ticker "BABA" at the New York Stock Exchange in New York. Reuters
Alibaba Group Holding Ltd founder Jack Ma is interviewed at the New York Stock Exchange before his company's IPO. Reuters
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LIC lists at 8.11% discount at Rs 872 per share on NSE
On the BSE, the LIC shares got listed at Rs 867.20 apiece, down 8.62 per cent over the issue price of Rs 949 a share
LIC set to debut shares on stock market today; here's what you need to know
LIC had last month reduced its IPO size to 3.5 per cent from 5 per cent decided earlier due to the prevailing choppy market conditions
LIC IPO share allotment expected today, check steps to see status online here
The IPO was open from 4 May to 9 May for the subscription. While the allotments are expected to be done today, shares will likely be credited to Demat accounts on 16 May