PUNE: IndiGo on Wednesday inducted 77 female pilots into its Airbus and ATR fleet, to celebrate the 77th Independence Day. This initiative aligns well with the #GirlPower ethos and reinforces IndiGo’s commitment to diversity, equality and inclusion, airline officials said.The induction includes 72 female pilots in the Airbus fleet and 5 in the ATR fleet, … Read more
Brokerage Citigroup maintained a buy rating on RR Kabel, JPMorgan has an overweight stance on RIL, Axis Capital upgraded Indigo to buy and Jefferies maintained a buy rating on Tata Steel. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on RR Kabel: Buy| Target Rs 2043Citigroup … Read more
Pieter Elbers, Chief Executive Officer, InterGlobe Aviation, says IndiGo is in a unique position globally, to have more than 50 planes being delivered on a yearly basis. So, every week a new plane comes in, which helps them to address the issue of grounded aircraft. IndiGo has taken some additional damp leases, extended some existing … Read more
NEW DELHI: In a first for Indian airlines, IndiGo clocked nearly $1 billion in annual profit last fiscal. The airline is also planning to get comfortable for premium passengers by introducing a “tailor-made” business class on “India’s busiest and business” routes by the year-end — a major evolution in its 18-year-old no frills policy.The Rahul … Read more
Brokerage firm Kotak Institutional Equities upgraded Dr. Lal PathLabs, Investec maintained a buy rating on Godrej Consumer, CLSA maintained an outperform rating on HDFC Bank and Jefferies upgraded InterGlobe Aviation to hold. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Kotak Institutional Equities on Dr Lal PathLabs: … Read more
Indian market is expected to consolidate on Friday tracking muted global cues. The Nifty futures closed positive with gains of 0.95% at 22118 levels on Thursday. India VIX was down by 7.13% from 13.47 to 12.51 levels. Volatility cooled off and paved the way for the bulls from crucial support zones in the previous trading … Read more
Brokerage Nomura maintained a neutral rating on HDFC Bank, Kotak Mahindra Bank has a buy rating on InterGlobe Aviation, Jefferies recommended a buy on Piramal Pharma and UBS maintained a buy on Infosys. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nomura on HDFC Bank: Neutral| Target … Read more
The Indian market is likely to consolidate on Tuesday tracking muted global cues. The Nifty future closed flat at 22134 levels on Monday. India VIX was up by 1.50% from 13.69 to 13.90 levels. Volatility has been hovering within a band and creating swings in the market. Positive market setup was seen in stocks like … Read more
Equity markets rebounded on Thursday and even broader markets saw some recovery from the previous day’s sharp losses. The 30-share Sensex climbed 335 points to settle at 73,097 and the broader Nifty gained 148 points to close at 22,146. Stocks that were in focus included names like ITC, which fell 0.82%, Swan Energy, which rose … Read more
Indian market is expected to trade higher on Tuesday tracking positive global cues. The Nifty50 closed below 22400 levels on Monday led by losses in banking stocks. It has formed sizeable bearish candles, indicating the possibility of consolidation within an overall uptrend. Both FIIs and DIIs were net buyers on Monday to the tune of … Read more