InterGlobe Aviation, India’s top airline by market share, was expected to see a substantial drop in its year-on-year net profit for Q1FY24 due to higher fuel costs, a weak load factor, and the Delhi T1 terminal roof collapse. Brokerage estimates indicated mixed sequential profit growth and varying revenue projections.
Nifty eyes consolidation, key support at 23,800: Sudeep Shah of SBI Securities
“Nifty IT is witnessing an outperformance, and this could witness further strength in the coming few sessions. After marking a high of 43,645 on September