NSE to file IPO by this week? IFCI shares rally 8% to record high; LIC, SBI, other stocks rise up to 2%

IFCI shares jump 27% in two sessions. Why is NSE IPO triggering a surge?

IFCI jumped 27% over two days ahead of NSE's expected IPO filing next week; the state-owned institution holds 52.86% of SHCIL, which owns 4.4% of India's largest exchange. NSE's listing creates liquidity for institutional investors and signals maturation of India's capital markets infrastructure.