InterGlobe Aviation Ltd. shares up 0.27% as Nifty drops

Shares of InterGlobe Aviation NSE 0.21 % Ltd. gained 0.27 per cent to Rs 1735.0 in Thursday’s trade. It hit a high of Rs 1750.0 and low of Rs 1731.0 during the session.

On the technical charts, the 200-DMA of the stock stood at Rs 1168.12, while the 50-DMA was at Rs 1479.85. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

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