BSE shares fall while IFCI jumps after Sebi clears NSE IPO

Shares of BSE fell nearly six percent while IFCI surged over twelve percent after Sebi granted its no objection certificate for the long awaited NSE IPO. Investors reassessed competitive dynamics in exchange businesses. Analysts said BSE faced near term pressure due to listing concerns, while IFCI gained on its strategic stake exposure. Market reaction reflected shifting expectations around valuation, competition, and regulatory clarity.