IFCI shares rallied 6% after Sebi approved NSEs much-awaited IPO, clearing a key hurdle for the exchanges listing. IFCI has indirect exposure to NSE through its majority stake in Stock Holding Corporation of India. The stock has surged over 500% in three years, with analysts seeing further upside.

NSEs long-awaited IPO has moved closer after Sebi approved its draft offer plan for a proposed Rs 30,000-crore issue. The IPO will be entirely an offer for sale, allowing existing…

SEBI approves NSE's IPO, potentially one of India's largest, valued at $55 billion, marking a significant market debut.

New India Assurance and IFCI shares soar on NSE IPO approval anticipation, hitting record highs amid heavy trading volumes.

SEBI approves NSE IPO, clearing the path for its market debut by September 25 with a significant estimated issue size.

General Insurance Corp, National Insurance, New India, Oriental Insurance and United India were among the earliest investors in the exchange, which opened in 1994 and is India's…