The global investment bank expects an 11% quarter-on-quarter (QoQ) yield decline and adj. net profit of Rs 0.8 bn in Q4. “In Q4 ’23, we expect IndiGo to see 45% year-on-year (YoY) (3% QoQ) growth in capacity, in-line with estimates”, it said.
US market remains tied to tech stocks despite sharp AI sell-off
The US stock market is currently experiencing a significant pullback in technology and AI-related stocks. Investors are concerned that Democratic victories in the midterm elections