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Akhilesh Jat SEBI RA

18th Jun · SEBI-Registered Analyst

NIACL Soars 14%, Extends Winning Streak as NSE IPO Filing Sparks Rally

Shares of $NIACL surged as much as 13.92% on June 18, 2026, extending gains for a fifth consecutive session and taking its cumulative rally to over 28% during the period. The sharp upmove follows the National Stock Exchange's filing of its draft IPO papers, which includes an Offer for Sale (OFS) of nearly 6% stake by select shareholders. Market participants turned bullish on listed NSE stakeholders, driving gains across the segment. Notably, LIC, the largest shareholder in NSE with a 10.72% stake, is not participating in the OFS. LIC shares also advanced, reflecting optimism over potential value unlocking from the long-awaited NSE IPO. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

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