IRFC shares rally 6% after government nod for Rs 10,000 crore deep-discount bond issue

IRFC approved to raise Rs 10,000 crore via 10-year deep-discount bonds, shares rose 6.4%.

Bonds offer returns through capital appreciation with no periodic interest.

IRFC shifting focus from railways to broader infrastructure financing, including power projects.

Stock gained 16% last week; technicals show neutral momentum with RSI at 57.2.