Key Indian benchmark indices close negative on Thursday
Mumbai, Mar 15 (IBNS): Key Indian benchmark indices ended lower on Thursday with BSE Sensex down 150.20 points at 33,685.54 and NSE Nifty down 50.70 points at 10,360.20.
Top gainers on Thursday included Asian Paints, Bajaj Finance, M&M, HDFC Bank, IndusInd Bank and Coal India while Yes Bank, Reliance, GAIL, ICICI Bank, HUL, Tata Steel and Bosch were some of the key stocks that declined.
Meanwhile, according to media reports, HDFC AMC, a subsidiary of Housing Development Finance Corporation, has filed a draft red herring prospectus for initial public offering with the capital market regulator Securities & Exchange Board of India on Thursday.
The IPO consists of an offer for sale of 85,92,970 equity shares by parent company HDFC and 1,68,64,585 shares by other promoter Standard Life Investments Limited, reports said.