JSW Holdings, however, had reversed the day's gain and was quoting 6% lower, while the company issued a clarification on rise in trading volume at the counter.
Stock exchanges will conduct a special call auction for select investment holding companies on October 28 following the new framework introduced by the Sebi for price discovery.
Market regulator, the Sebi on Thursday announced a framework for special call auctions with no price bands for price discovery of investment holding companies.