Trending Stocks on NSE Today, June 18, 2026: IFCI Slides 10% on Profit Booking After NSE IPO Rally; BCCL Jumps on JSW Deal, YES Bank Gains on Northern Arc Tie-Up

Mumbai, June 18: IFCI, Bharat Coking Coal (BCCL), YES Bank and Vodafone Idea were among the most actively traded stocks on the NSE on Thursday, with investors reacting to a mix of corporate announcements and sector-specific developments. IFCI tumbled nearly 10% as investors locked in gains following a sharp rally driven by optimism around the National Stock Exchange’s proposed IPO, while BCCL surged after announcing the monetisation of its Dugda Coal Washery through a handover to JSW Steel. 

Meanwhile, YES Bank extended gains after entering into a strategic partnership with Northern Arc Capital to strengthen its digital lending ecosystem and expand credit access. Vodafone Idea remained in focus despite a marginal decline, with investors assessing the telecom operator’s turnaround prospects following recent promoter funding approval and management’s upbeat outlook on future growth. 

IFCI Limited (down 10%)  

IFCI share price extended rally on Thursday after the National Stock Exchange (NSE) filed draft papers for its initial public offering, though the stock later plunged on profit booking. 

The stock has surged in recent sessions on expectations that NSE’s long-awaited listing would finally move forward after years of regulatory delays. Investor interest in IFCI has been driven by its indirect exposure to NSE through its majority stake in Stock Holding Corporation of India (SHCIL), which owns shares in the country’s largest exchange. 

Market participants believe a successful NSE listing could unlock substantial value for shareholders of entities linked to the exchange, fuelling buying interest in IFCI. Some investors chose to book profits following the stock’s sharp run-up. 

Yes Bank Limited (up 1.47%)  

YES Bank share price extended gains after the private lender announced a strategic partnership with Northern Arc Capital aimed at expanding credit access, strengthening its digital lending franchise and creating new debt investment opportunities for customers. 

The collaboration will combine YES Bank’s distribution reach with Northern Arc’s expertise in credit underwriting, risk assessment and borrower acquisition. The two companies plan to focus on improving credit availability across underserved segments while scaling technology-led lending solutions. 

Investors viewed the partnership as a positive development for YES Bank’s growth strategy, as it seeks to diversify its loan portfolio and deepen its presence in retail and small-business lending. The tie-up also aligns with the bank’s broader efforts to leverage digital platforms and ecosystem partnerships to drive sustainable growth, enhance customer offerings and expand its lending footprint. 

Bharat Coking Coal Limited (up 7.94%)  

Bharat Coking Coal Ltd (BCCL) share price surged after the company announced the handover of its 2 million tonnes per annum (MTPA) Dugda Coal Washery to JSW Steel, marking what it described as India’s first coal washery asset monetisation initiative. The move was carried out under the guidance of the Ministry of Coal and represents a significant step in unlocking value from coal-sector assets. 

Investors cheered the development as it is expected to improve operational efficiency, enhance coal beneficiation capacity and promote better utilisation of domestic coking coal. BCCL said the project would support the government’s “Mission Coking Coal” initiative by reducing dependence on imported coking coal and strengthening India’s self-reliance in the sector. The partnership with JSW Steel is also expected to boost industrial activity and create employment opportunities in Jharkhand and adjoining regions. 

Vodafone Idea Limited (down 0.40%) 

Vodafone Idea share price edged lower on Thursday after rebounding in the previous session, as investors booked profits following a recent rally supported by Chairman Kumar Mangalam Birla’s upbeat commentary on the telecom operator’s growth prospects. 

Speaking at the company’s extraordinary general meeting last week, Birla said Vodafone Idea had reached an “inflection point” and was entering a new phase of growth after shareholders approved a ₹4,730-crore promoter funding proposal. He said the company was now better positioned to address challenges and focus on execution, with network expansion, operational efficiencies and strengthening its competitive position among key priorities. 

The stock has also benefited from a series of supportive developments in recent months, including government relief on adjusted gross revenue (AGR) dues, continued promoter backing and efforts to secure additional funding for network upgrades and 5G rollout. Investors have viewed these initiatives as critical to strengthening the company’s balance sheet, improving operational capabilities and supporting its long-term growth trajectory. 

Source

• NSE