How to Check the Live Price of a Stock on its Listing Day
Checking the live price of a stock on its listing day is a straightforward process using several reliable tools and platforms. This article will guide you through the process, help you understand the timing involved, and provide insights into the tools and websites you can use to track the live price.
Timing and Preparations
The listing day of a stock is a unique moment, as it marks the first day the stock starts trading. Typically, stocks get listed on the exchange post 6 working days from their IPO closing date, making the 7th day the listing day. On this day, you can expect the stock to start trading around 10 AM or 10:30 AM, but this can vary slightly depending on the exchange.
Before the listing day, investors can check the pre-open trading session, which is a period where orders can be entered, modified, and canceled. This session runs from 9:00 AM to 9:45 AM during which time no trades are executed. The actual IPO listing price is discovered within the 15-minute window after the pre-open trading session, following which normal trading commences. Ensuring you are ready to check the price at the exact moment the stock starts trading is crucial as the live price can fluctuate significantly during the early trading period.
Tools and Platforms
Several tools and platforms allow you to check the live price of a stock on its listing day:
Charting Software: TradingView is a highly popular and user-friendly tool that provides real-time stock prices and other valuable information. You can set up alerts and watchlists for the specific stock you are interested in.
Demate Account: If you use a trading platform like Demate, you can log into your account to view the live price of the stock on its listing day.
Websites: Major stock exchanges in India like BSE (Bomafica Stock Exchange) and NSE (National Stock Exchange), as well as platforms like Yahoo Finance, provide live stock prices. These websites are updated in real-time, making them excellent sources to check the stock price on the listing day.
Official Listing Notification: Stock exchanges in India publish IPO listing status through a listing notice which includes the date and other information about the listing of IPO shares. This notification is crucial for staying informed about the IPO listing.
Understanding the Listing Process
The listing day is a crucial moment for investors and can have significant implications for the stock price. The live price at this time is often subject to volatility due to numerous factors such as demand, supply, and market reactions. It is important to note that it is difficult to accurately predict the IPO listing price, and the actual price can vary from the expected price.
Exchange organizers have a well-structured process to ensure a smooth listing. This includes a pre-open trading session from 9:00 AM to 9:45 AM, followed by a 15-minute period for price discovery from 9:45 AM to 10:00 AM, and then normal trading commences from 10:00 AM onwards. This structure helps in stabilizing the price and ensuring a seamless trading process.
Stay Informed with Recent IPOs and Listing Prices
To stay updated with the latest IPO listings and their prices, you can check recent IPOs and their listing prices on various financial news channels and websites. Additionally, you can explore resources that publish IPO listing calendars and circuit breakers to understand the flow of upcoming IPOs.
To ensure you don't miss out on any updates, consider signing up for alerts or following relevant websites and platforms. This will give you the latest IPO listing updates and allow you to make informed decisions based on the live price of the stock on the listing day.