IRFC Shares fall 5% due to market volatility

The Government of India has launched an Offer for Sale (OFS) to sell up to a 2% stake in Indian Railway Finance Corporation (IRFC), aiming to raise ₹2,300 crore. The OFS opened for non-retail investors, and the stock declined over 5% on announcement, but long-term investors may focus on the company's growth prospects, earnings stability, and government infrastructure spending.