New Delhi, April 13 -- Safety Controls & Devices IPO Listing: Safety Controls & Devices share price made a strong debut today, April 13, in an otherwise weak market. The stock was listed at Rs.83 apiece on BSE SME, a premium of 3.75% over its initial public offering (IPO) price of Rs.80.

The listing outperformed Street expectations, as seen from the grey market premium (GMP). Safety Controls & Devices IPO GMP stood at Rs.0 per share, which indicated a likely listing price of Rs.80, the same as the offer price.

Meanwhile, Dalal Street witnessed a strong sell-off on Monday, April 13 as peace talks between the US and Iran failed, leading to a surge in crude oil prices. Sensex fell 1,682 points or 2.1% lower at 75,868.32, while Nifty cracke...