IndiGo shares skyrocket 10% as crude oil price nosedives 16% amid US-Iran ceasefire — Time to buy?

Shares of InterGlobe Aviation, which operates IndiGo, rose 11% in the morning trade on Wednesday, April 11, boosted by a sharp decline in crude oil prices today following the announcement of a two-week ceasefire in the US-Iran war.

More to come…