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NSE IPO optimism lifts IFCI shares by 11%. What's the connection?

IFCI shares surged over 11% after the National Stock Exchange (NSE) appointed 20 merchant bankers and eight law firms for its upcoming IPO. IFCI holds an indirect stake in NSE through its subsidiary, Stock Holding Corporation of India, which could be a selling shareholder in the offer-for-sale.

13 Mar 2026 11:40 am