In opening trades, Sensex rose 455 points or 0.94% at 48,896; while the broader market index Nifty 50 was trading at 14,486 gaining 161 points or 1.12%.
IOC, Maruti Suzuki, HUL, Bharti Airtel and Coal India were among the major losers on Nifty.
Hold the stock for the long term to reap the benefits of BS-IV to BS-VI transition, scrappage policy and electric vehicles introduction.
Market experts believe that the premium listing of 21% have made the valuations expensive for Laxmi Organics Industries and investors should look at booking listing gains.
On the BSE, Craftsman Automation opened at Rs 1,350, at a discount of 9.40%.
On the BSE, Laxmi Organics Industries opened at Rs 156.20, at a premium of 20.15%.
As many as 424 stocks of the BSE SmallCap index has swelled over 100% since March 24 last year, the day lockdown restrictions were announced.
28 of 30 Sensex stocks ended in the red. M&M, SBI, Axis Bank, ICICI Bank & IndusInd Bank all lost over 3%.
Market experts suggests investor should hold Anupam Rasayan India shares for long term.
Shares of Anupam Rasayan opened for trading at Rs 520 on the National Stock Exchange, compared to the issue price of Rs 555, implying a discount of 6.31%.