Interglobe Aviation Ltd. (IGL) reported Q4FY23 consolidated net profit of Rs 919 crore, up from a loss of Rs 1,682 crore in Q4FY23. The company’s stock was trading at Rs 2,269 on the NSE at 12:50 pm and was up by 4.35 or 0.19% from Thursday’s closing price.
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across