IFCI shares rallied sharply on heavy volumes, prompting an exchange query amid heightened investor activity. Strong recent gains, elevated valuations and positive technical indicators signal improving momentum, though mixed financial trends and supply-side risks warrant caution. The stock’s long-term performance remains robust despite short-term volatility.
Global Market Today: Oil falls, Asian stocks rise as Iran tensions ease
Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as