IFCI LTD MASSIVE WEEKLY GAIN

The top gainers in the Nifty 500 index for the trading week ending June 12, 2026, was led by massive surge in IFCI Ltd. IFCI Ltd hit its 20% upper circuit on Friday due to its indirect stake in the upcoming NSE IPO papers filing. The daily technical setup for IFCI Ltd. (NSE: IFCI) exhibits highly aggressive, news-driven bullish momentum following its 20% upper-circuit rally to a fresh 52-week high of ₹84.57. The single-day volume surge has drastically reshaped its short-term indicators. The stock is trading significantly above all its major daily EMAs, establishing a strong structural uptrend. The 14-day Daily RSI has aggressively jumped and is above 60 levels and daily MACD Histogram above zero indicates we may expect more upside in coming days. $IFCI