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Mumbai, June 21, 2026, 02:35 (IST) New India Assurance Co. surged 32.4% for the week after the National Stock Exchange’s draft IPO filing signaled a new way for investors to cash in on the state-owned insurer’s stake. The stock ended Friday at ₹202.31, up 13.23%. Shares hit ₹206.60 in the session. (Investing.com) The catalyst is specific this time. A draft filing shows New India Assurance owns 35.2 million NSE shares and could offload up to 10.5 million, which would leave it with 24.7 million if it sells the full lot. All 148.9 million shares in the IPO are being sold

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