IFCI shares surged sharply today, climbing nearly 11%

IFCI shares surged sharply today, climbing nearly 11% to ₹96.67, their highest level in 18 years, driven by investor excitement around the upcoming NSE IPO. The rally reflects strong bullish sentiment, with IFCI’s indirect stake in NSE through Stock Holding Corporation seen as a major value unlock. 📈 Key Market Highlights (2 September 2026) Share Price Movement IFCI jumped 11% intraday to ₹96.67, nearing the ₹100 mark for the first time since 2008. The stock has doubled (104%) since April 2026, reflecting sustained momentum. 52-Week High Today’s surge pushed IFCI to a 52-week high of ₹96.66, marking its biggest single-day rise since June. Trading Volumes Over 180 million shares traded, nearly 8x average volume, signaling strong retail and institutional participation.