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IRCTC shares cross Rs 1,000 mark after two years, hit 52-week high; target price, resistance and more

IRCTC share price today: IRCTC shares climbed 4.68% to a high of Rs 1029.85 on Saturday against the previous close of Rs 983.75 on BSE. The railway stock opened higher at Rs 998.85.

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irctc shares: F&O Stock Strategy: How to trade Samvardhana Motherson and IRCTC today

The price level of Rs 100 was a strong resistance and a psychological level for Samvardhana Motherson stock. The stock touched this level in August 2023 but could not sustain and corrected 13 percent from there.

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PSU stocks: Booster Shot! Govt's capex pill turns 13 PSU stocks multibaggers in 2023; will marathon continue next year?

On a year-to-date basis, the S&P BSE PSU index has rallied more than 50% and scaled a lifetime high of 15,531 earlier this week. Meanwhile, the benchmark Sensex has given a little over 16% returns in the same period. A significant chunk of the gains in PSU stocks came in December, with as many as 28 of them clocking double-digit gains, after the strong victory for the Bharatiya Janata Party (BJP) in the state assembly elections of Chhattisgarh, Madhya Pradesh, and Rajasthan.

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