Indian gaming firm Nazara's shares jump over 80% in market debut

A broker trades on his computer terminal at a stock brokerage firm in Mumbai, India, January 20, 2016. REUTERS/Shailesh Andrade/Files

BENGALURU (Reuters) - Shares of Indian mobile gaming platform Nazara Technologies Ltd surged more than 80% in their market debut on Tuesday, reflecting investor enthusiasm for technology firms in a frenzied period for public listings.

Shares opened at 1,990 rupees ($27.34) and rose as much 83.91% to hit a high of 2,024.90 by 0444 GMT. The initial public offering raised about $80 million.