Hot Stocks: Global brokerages on M&M Finance, Indigo, Marico, Zomato

October 4, 2022

Goldman Sachs upgrades InterGlobe Aviation or Indigo to buy with a target price of Rs 2,210. Indigo’s market share gains are sustainable. Industry consolidation towards two large players will likely improve the pricing discipline, said the note.

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Indian equities extended their recovery, with Nifty gaining 0.33% as moderation in crude and global yields supported sentiment. Sensex slipped 0.03%, while broader markets outperformed.

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