The Government of India has launched an Offer for Sale (OFS) for Indian Railway Finance Corporation (IRFC), aiming to dilute up to 4 per cent stake in the company, including a base offer of 2 per cent and an additional 2 per cent green shoe option, the company stated in an exchange filing.
The domestic stock markets are expected to recover strongly in 2026 after delivering their weakest performance recently in the last three decades, according to a report by Morgan Stanley.