Technical charts show that stocks such as IndiGo, Hindustan Unilever, Apollo Hospitals and Tata Motors Passenger Vehicles are trading in oversold territory based on the RSI parameter.
IndiGo flight disruptions: As brand IndiGo takes hit, analysts caution on likely adverse impact on earnings and foresee up to 8 - 22 per cent further crack on the stock.
SpiceJet added new flights from Delhi and Mumbai to multiple routes on Friday, as scores of passengers remain stranded across major airports in India due to the ongoing operational crisis at IndiGo
IndiGo and Hero MotoCorp seem to be favourably placed on the charts; while IndusInd Bank continues to display a weak bias. Here are the key levels to track on these 4 stocks.
BSE, IndiGo, BHEL, Aarti Industries and Jindal Stainless are likely to trade with a favourable bias in the near-term owing to these 3 favourable factors on charts and derivatives market.
Since January 22, 2025, the stock price of IndiGo has zoomed 32% after the company reported a better than expected 14% YoY growth in revenue, led by a 13% YoY rise in passenger volumes in Q3FY25.
In the past two months, shares of InterGlobe Aviation have rallied 18 per cent after the company reported a better than expected growth in revenue, and an increase in passenger volumes.
Brent crude futures climbed $1.48, or 1.86 per cent, to $81.24 a barrel by 0113 GMT after hitting an intraday high of $81.49, the highest since August 27
The airline has added more domestic routes, totalling 400 across 88 destinations and added more international routes, totalling 100 across 33 international destinations
