IFCI jumps 6% as NSE IPO buzz lifts sentiment

IFCI shares surged 6.35% to ₹102 as optimism around the long-awaited NSE IPO boosted investor interest. IFCI owns over 50% of Stock Holding Corporation of India, which holds more than 4% in NSE, giving the state-owned lender indirect exposure to the exchange. The stock has gained nearly 35% in a month.