Shares of domestic airlines IndiGo and SpiceJet continued their losing streak on Wednesday amid rising crude oil prices and the latest hike in Aviation Turbine Fuel (ATF) prices.InterGlobe Aviation, the parent company of IndiGo, was trading at Rs 4,942.50 on the NSE at 9:31 am, down 2.17%. SpiceJet shares were trading at Rs 9.72 on the BSE, down 2.70%.On Wednesday, Brent crude jumped 1% to $95.60 ...

Travel-related stocks surged up to 7 percent on Monday after the US and Iran agreed to end their war and reopen the Strait of Hormuz, a development that led to a sharp fall in crude oil prices.Shares of airline operator SpiceJet jumped 7 percent, emerging as the top gainer as lower fuel prices are expected to reduce operating costs for airlines.InterGlobe Aviation, the parent of IndiGo, gained 4 p...

SpiceJet shares hit the upper circuit for the third consecutive session on Friday, recovering from early losses even as a UK court ordered the airline to pay about $8 million (around Rs 70 crore) to an aircraft engine lessor. The stock was locked in the 5 percent upper circuit at Rs 12.27 around 10 am, extending its recent rally despite the adverse legal development.The sharp rebound comes after t...

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, acquisitions, and appointments, here’s a quick look at which stocks will be in focus in today's trade:Quarterly EarningsSpiceJet Q1 (Consolidated YoY)Loss stands at Rs 233.8 crore Vs Rs profit of Rs 158.3 croreRevenue drops 34.4% to Rs 1,120.2 crore Vs Rs 1,708.2 croreStocks to Watch...

Rising geopolitical tensions in the Middle East also weighed on aviation stocks, as global risk sentiment soured after Israel carried out airstrikes on Iran’s capital, reportedly targeting nuclear and missile facilities.Indian aviation stocks came under pressure on June 13 after an Air India Dreamliner en route to London crashed shortly after takeoff from Ahmedabad, killing 241 people. The Boein...