Shares of firms holding stake in NSE rise after it files for IPO

Shares of several listed firms holding a stake in the NSE rose on Thursday after the exchange filed draft papers for its IPO with SEBI. The shares of SBI, Bank of Baroda, General Insurance Corporation of India and The New India Assurance Company rose between 2% and 14% during intra-day trade. The IPO is estimated at around ₹30,000 crore.