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Covid-19 vaccine: Don't rush to buy all logistics stocks, say analysts
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Weak fundamentals, high valuation: Is it time to sell IndiGo, SpiceJet?

The stock of SpiceJet, for instance, has soared 80 per cent in the past month, from a level of Rs 49.6 apiece on the BSE (on closing basis) to Rs 89.3 on December 4

Topics
IndiGo | SpiceJet | Coronavirus

Nikita Vashisht  |  New Delhi 



Given the steep rally and no fresh triggers, analysts suggest investors book profits as markets are entering overbought territory
Given the steep rally and no fresh triggers, analysts suggest investors book profits as markets are entering overbought territory

It has mostly been a one-way street over the past one month for such as and InterGlobe Aviation (IndiGo) as a gush of liquidity drove investors towards equities. That apart, some investors have been lapping up these stocks in the hope that the government's 'unlock' of the economy and the possibility of a vaccine over the next few months will push people to travel more.

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First Published: Mon, December 07 2020. 12:07 IST

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