Finance2h ago
IFCI shares rally over 16% in two days as NSE IPO draws closer
IFCI shares rallied over 16% in two sessions amid expectations that the long-delayed NSE IPO could be nearing launch. IFCI indirectly owns more than 4% of NSE through its stake in Stock Holding Corporation of India. SEBI has moved closer to approving NSE’s IPO after settling key regulatory cases, while the exchange seeks a valuation of up to Rs 5.26 lakh crore.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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