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As of 31-Mar-2023, promoters held 51.46 per cent stake in the company, while FIIs held 12.35 per cent and domestic institutional investors had 3.68 per cent.

Credit Suisse has given an outperform rating for InterGlobe Aviation, with a target of Rs 2450, based on "GoFirst filing for bankruptcy can benefit Indigo in many ways". On the other hand, JPMorgan maintains a neutral rating on ACC and Ambuja Cements and reduces the target prices. It sees the large capacity addition guidance as a positive indicator. Emkay has suggested to buy Ramkrishna Forging with a target of Rs 390 due to a high focus on balance sheet deleveraging. Cyient was given an accumulate rating with a target price of Rs 1360.

The Relative Strength Index of the stock stood at 59.29 on Wednesday.

The stock traded at a P/E multiple of 57.21, while the price-to-book value ratio stood at 2.59.

The dollar index, which measures the U.S. currency against six rivals, eased 0.029% to 101.820 after sliding 0.245% on Tuesday.

Indian markets closed for the eighth consecutive day in the green on Tuesday, with the Sensex up more than 200 points and the Nifty50 above 18100 levels. The infrastructure, metals, power, utilities, and oil & gas sectors saw buying, while selling was visible in telecom and FMCG. Welspun India rose more than 15%, RVNL closed with gains of 10%, and Safari Industries hit a fresh 52-week high.

On Wednesday, Indian markets are predicted to consolidate, following subdued global cues. The S&P BSE Sensex grew beyond 200 points on Tuesday, while the Nifty50 reached levels above 18100. Option data suggests a trading range from 17700 to 18500 zones, with an immediate range of 17900 to 18300 zones, with Nifty recommended to remain above 18081 zones to enjoy an up move towards 18250 and 18300 zones. Meanwhile, various experts have offered advice for traders, suggesting stocks, including NOCIL and Valiant Organics.

Nexus Select Trust is India’s largest mall platform of 17 high-quality assets, strategically located in dense residential catchments across 14 prominent cities such as Delhi (Select Citywalk), Navi Mumbai (Nexus Seawoods), Bengaluru (Nexus Koramangala), Chandigarh (Nexus Elante), Ahmedabad (Nexus Ahmedabad One) among others.​

State-owned railway firms, including Rail Vikas Nigam (RVNL), Indian Railway Finance Corp. (IRFC), and Ircon International, extended their gains on the bourses on Tuesday amid expectations of increased capital expenditure on railway infrastructure in India. The rise in railway shares reflects the expansion of the sector through projects including electrification, new lines, and signalling.

Brent futures fell 13 cents, or 0.2%, to $75.19 a barrel by 0015 GMT, while West Texas Intermediate crude (WTI) also fell 13 cents, or 0.2%, to $71.53. Both benchmarks closed at their lowest since March 24 in the previous session, when they also recorded their biggest one-day percentage declines since early January.