IFCI LTD

8.35 -0.24 (-2.91%)

Waiting to invest in IFCI? Avoid at the moment as it is a falling knife that can bleed you if you catch it

7 min read

IFCI LTD is a falling knife that can bleed you if you catch it on Thursday. It delivered -2.91% to close at 8.35. On a day when the overall market breadth was 65%, it closed higher than 21% of the market. In comparison, the benchmark NIFTY-50 index closed today at -0.0078%.

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