Market Movers: IndiGo, JSW Infra Soar; Wipro, RBL Bank Plunge

Business
M
Moneycontrol•19-01-2026, 16:01
Market Movers: IndiGo, JSW Infra Soar; Wipro, RBL Bank Plunge
- •IndiGo shares surged 4.46% after DGCA imposed a 'low' ₹22 crore fine for flight cancellations and delays.
- •JSW Infra gained 8.58% with Jefferies and JM Financial maintaining 'buy' ratings and raising target prices.
- •Bharat Coking Coal and Defrail Tech saw massive gains of 76.78% and 21.96% respectively, post-IPO listings.
- •RBL Bank shares dropped 8.52% due to a sharp increase in credit costs, particularly from credit card write-offs.
- •Wipro plunged 9.54% after disappointing December quarter results and a downgrade by Morgan Stanley.
Why It Matters: IndiGo and JSW Infra led market gains, while Wipro and RBL Bank faced significant declines this week.
✦
More like this
Loading more articles...


