InterGlobe shares rise 0.58% as Nifty gains

Shares of InterGlobe Aviation Ltd. traded 0.58 per cent up at Rs 2278.0 on Friday at around 11:49AM (IST), while the benchmark BSE Sensex advanced 81.02 points to 61512.76.

As many as 30,477 shares changed hands on the counter with a total value of Rs 6.9 crore.

The stock quoted a 52-week high price of Rs 2332.85 and a 52-week low of Rs 1513.3.

On the technical charts, the 200-DMA of the stock stood at Rs 1947.9, while 50-DMA was at Rs 1994.11. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up.