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IRCTC
Indian Railway Catering and Tourism Corporation (IRCTC) saw notable buying interest on the National Stock Exchange yesterday as broader railway-related stocks gained traction. Rail sector optimism led to IRCTC trading higher, supported by renewed investor focus on infrastructure and tourism demand as travel season picked up ahead of year-end. Sector strength was reflected across other railway counters, lifting sentiment and drawing volume into IRCTC shares. Traders noted that fare structure updates and seasonally strong passenger traffic data helped underpin confidence among market participants. The rally in IRCTC also coincided with a broader uptick in infrastructure themes across NSE, where mid-caps outperformed peers amid selective buying. Despite overall thin holiday-week liquidity, the stock’s momentum stood out among PSU and travel names. Market analysts continued to monitor next fiscal’s budget expectations for potential capex boosts that could further support IRCTC’s outlook. Increased participation from institutional investors underscored confidence in the stock’s medium-term prospects.
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