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NIACL and IFCI extend gains on buzz NSE IPO may start this month

NIACL and IFCI extended gains in Thursday trading as unconfirmed reports circulated that subscription for the NSE IPO could begin this month, drawing additional buying interest in the shares.

Shares of New India Assurance Company Ltd (NIACL) and IFCI extended their rise in Thursday's trading session amid buzz that subscription to the National Stock Exchange (NSE) IPO could begin this month.Unconfirmed reports said the IPO could be launched this month, triggering buying interest in stock…