India financial stocks with NSE exposure gain after bourse files IPO papers
BUZZ-India financial stocks with NSE exposure gain after bourse files IPO papers ** Indian financial firms with stakes in the National Stock Exchange rise after the bourse filed draft papers for its IPO late Wednesday
** State Bank of India SBI.NS up 0.17% to 1028.2 rupees, Bank of Baroda BOB.NS rises 0.71% to 283.7, IFCI IFCI.NS gains 1.52% to 91.19 rupees
** General Insurance GENA.NS climbs 1.11% to 90.91 rupees, New India Assurance THEE.NS adds 5.81% to 175.18 rupees and LIC LIFI.NS advances 0.59% to 420.3 rupees
** SBI, BOB, GENA and THEE among shareholders set to sell stakes in offer, draft prospectus shows
** IFCI gains as unit Stock Holding Corp, in which it owns 52%, plans to join OFS
** Rival exchange BSE BSEL.NS up around 0.22% at 4006.1 rupees on the day
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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