The Indian Railway Finance Corp Ltd (NSE: IRFC) shares plunged to the 86 level on Friday and are attracting bearish sentiments. The fall in value comes after Sensex dropped 800 points and Nifty fell 200 points. The entire railway sector stocks are facing corrections, including Jupiter Wagons (NSE: JWL) and Rail Vikas Nigam (NSE: RVNL).

The market is crumbling today as Brent oil prices reclaimed $100 and Crude oil surpassed $90. In addition, the Indian rupee is at 96.55 against the US dollar and is inching closer to hitting 100. This is leading to the broader market and several sectors experiencing declines, as the support base is getting weak. IRFC shares have been on a downtrend in 2026, as they have bled 30% year-to-date.

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IRFC Could Crash To 60, Receives ‘Sell’ Rating

IRFC Shares
Source: psuconnect.in

Leading stock market analytical firm Value Investing has given IRFC shares a sell rating amid the recent market turbulence. The firm highlighted the consensus of nine analysts, with four of them giving the sell call while three of them gave the strong sell rating. Only two urged traders to hold, while none of them advised clients to take an entry position, as the downside is on the cards.

The analytical firm predicted that IRFC shares could fall to a low of 60 next. That’s a downturn of another 30%, and an investment of 10,000 could fall to the 7,000 level if the price prediction turns out to be accurate. That’s a steep decline, and a quick recovery from there would be out of the question. IRFC shares are still in bearish grips, as the broader market is experiencing challenges.

“The latest consensus recommendation for IRFC shares is sell,” wrote the investment firm. None of the analysts gave it a buy rating, indicating that confidence in the stock is at an all-time low. Also, IRFC shares at 60 could be promising, as it could reach the bottom of the barrel. Accumulation at this phase could be beneficial, as it would reach its lowest possible point on the charts.