Nikhil Bhatt | Research Analyst - Indian equity indices closed flat on Thursday, tracking mixed cues from Asian markets, as gains from Reliance Industries, and HDFC Bank were offset by L&T, Infosys and TCS, , stocks
Three mutual fund NFOs or new fund offers are open for subscription this week. Kotak Healthcare Fund, DSP Banking & Financial Services Fund are open for subscription. Bajaj Finserv Balanced Advantage Fund will open for subscription later this week.
Tata Consultancy Services added as much as 2.93% and was the top Sensex gainer. The country s top software company has fixed a record date as November 25 for its Rs 17,000-crore share buyback plan. HCL Tech, Tech Mahindra, and Infosys also closed over 2% higher. Besides IT stocks, Bajaj Finance, NTPC, M&M, and Bajaj Finserv ended with gains from the Sensex pack.
From the Sensex stocks, ICICI Bank, Bajaj Finance, UltraTech Cement, Infosys, and M&M opened in the red, while Asian Paints, Wipro, HCL Tech, Tata Motors, and Maruti opened with gains.