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Monday, January 4, 2010

JSW Energy closes with little gains on the day of listing

Shares in Indian power producer JSW Energy, which raised $579 million in an IPO, rose 0.75 percent on their first day of trading on Monday, with the muted start mirroring other recent issues.

JSW Energy's debut followed a series of weak starts for listings by large Indian power companies, including Adani Power, NHPC and Indiabulls Power.

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