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IRCTC, Indian Hotels, SpiceJet: Time to bet on these travel-related stocks

Indian Hotels is headed toward Rs 135 with a trendline breakout. IRCTC, too, looks good on the charts.

Topics
travel plan | Buzzing stocks | IRCTC

Avdhut Bagkar  |  Mumbai 

Travel-related stocks could be one o the key beneficiaries as the economic recovery gathers steam and more people strat to travel for work and leisure. According to reports, the sector is already seeing demand from India Inc as employees return to work, with bookings expected to reach nearly 80 per cent of pre-Covid levels in the current quarter.

Online travel portals and airlines say the demand from companies is being led by essential services sectors like pharmaceutical, oil and gas, and power. Information technology (IT) and consulting are yet to resume travel like before, but ...

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First Published: Tue, February 09 2021. 11:29 IST
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