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.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
