Aside from the rating upgrade, Elara Capital also raised its target price for InterGlobe Aviation by a whopping 38 percent, bringing it to Rs 5,309. That translates into an upside potential of around 21 percent from Friday's close.
Market overview in a nutshell.
Quick Market Update-
Nifty has taken the support of EMA 9&21 and now trying to reclaiming its high of 25300.However, at this moment volumes are low, so it may take time.Key levels are-1st Support - 247902nd Support- 24500
Resistance - 25300.
Thanks
Vikasdhan
August 06, 2024