Watch out! IndiGo among 6 stocks with bearish outlook amid market volatility

Indian equity markets saw high volatility, causing a Rs 1.57 lakh crore fall in market capitalisation. InCred Equities recommended cutting investments in six stocks: Clean Science and Technology, Exide Industries, IndiGo, PG Electroplast, SBI Cards, and Tata Steel, citing competition and operational hurdles. The brokerage firm provided specific target prices and reasons for each recommendation.