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POWERLESS LISTING: Reliance Power stock closed below its listing price on the first day.

POWERLESS LISTING: Reliance Power stock closed below its listing price on the first day.

Reliance Power dampens hopes of lakhs

It was a historic day not only for Dalal Street, but for the Ambani family as well as the stock closed even below its listing price on the first day. Reliance Power dampened the hopes of lakhs of investors who planned to make a quick buck from its initial public offer.

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