Stock Radar: 17% rally in May! This airline stock likely to hit fresh record highs in next 12 months
InterGlobe Aviation's stock price in the airline industry rose by 17% in May 2023, hitting a record high of Rs 2412 on May 30, 2023. Experts suggest that medium to long-term investors should consider buying the stock now for a possible target of Rs 2,800-2,900 in the next 12 months. The stock surpassed its November 16 swing high of Rs 2379 on November 16, 2021, indicating a gradual uptrend. IndiGo, the aviation major, recently posted a net profit of Rs 919 crore for the January-March period, indicating positive fundamental growth for the company. Key Points
Economic TimesStar Wars: Knights of the Old Republic Remake: Here’s all you may want to know
Sony's 2021 PlayStation showcase announced the long-awaited Star Wars: Knights of the Old Republic remake for PS5 and PC. Development changes and uncertainties surround its release, potentially delaying until 2025. Rumors suggest Xbox availability post-launch. Key Points
Economic TimesTraders continue to bet on rate divergence; rupee remains sideways to bearish
The Indian Rupee showed some strength at the start of June, although historical trends suggest a bearish outlook, and India's forex reserves have declined for two consecutive weeks, reaching $589.14 billion. Key Points
FinancialexpressHow to become a good crypto investor? Sathvik Vishwanath answers
So, after 50%, then generally people go with different altcoins like Ether and Ripple and various other coins. So, here, obviously doing the research is one of the best ideas for someone even though it is easier said than done, but that is the only way it can be handled. Key Points
Economic TimesAlia Bhatt, Jr NTR to join Hrithik Roshan's 'War 2' cast, say reports
Recent reports suggest that YRF's War 2 is generating a lot of buzz, and Alia Bhatt is rumored to join Hrithik Roshan in the spy thriller, alongside Jr NTR from RRR. Furthermore, Deepika Padukone and Sarvari Wagh are also reportedly being considered for the movie. Sources suggest that the selection process for the female lead has created excitement in the YRF office. Key Points
Economic Times