Just Dial jumps 11.3 percent on pre-open debut

MUMBAI (Reuters) - Search service provider Just Dial Ltd rose 11.3 percent in its stock market debut on Wednesday from its initial public offer price after the company raised about $165 million last month in the country's biggest listing this year.

Shares in Just Dial pre-opened at 590 rupees on the National Stock Exchange, compared to its IPO price of 530 rupees a share.

The Nifty, which has already opened, was down 0.38 percent at 9:51 a.m.

(Reporting by Indulal P.M.; Editing by Rafael Nam)