Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Aviation stocks fly high: IndiGo, SpiceJet shares jump up to 6% as crude oil prices slip to below pre-US-Iran war levels
Airline shares rose on June 25 as crude oil prices hit new lows, with SpiceJet up 5.5% and InterGlobe Aviation gaining 4.7%. The decline in oil prices, driven by eased supply concerns, improves profit margins for airlines, with forecasts suggesting oil could stabilize around $67 per barrel.
IndiGo, HPCL, BPCL Shares Rally As Brent Crude falls To Pre-War Level Of $72/Barrel
Oil Marketing Companies (OMCs) were among the key beneficiaries, as lower crude prices are expected to support refining and marketing margins.
IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crash
Aviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress in the Iran conflict. Lower fuel costs lifted sentiment for airlines, while investors assessed the potential recovery in travel demand and normalisation of global aviation operations.
Sensex jumps 400 points, Nifty rises above 24,100 as oil prices cool below $73 per barrel
Indian stock markets surged on Thursday, with Sensex and Nifty climbing significantly as falling oil prices bolstered investor confidence. Major gainers included IndiGo, M&M, Maruti Suzuki, and TCS, while broader markets also saw positive movement. The real estate and auto sectors led the gains, indicating a robust trading session for the day.
Interglobe Aviation among 5 F&O stocks with a sharp rise in futures open interest
Five NSE F&O stocks, including Oracle Financial Services, IndiGo, IRFC, Swiggy and Avenue Supermarts, saw sharp open interest build-up on June 24, signaling heightened trader participation and fresh futures positions.
Air India, IndiGo jets face off on same taxiway at Ahmedabad
An Air India plane mistakenly turned onto the same taxiway as an IndiGo aircraft at Ahmedabad airport on Wednesday evening. The IndiGo flight, preparing for takeoff to Mumbai, was halted at a safe distance of approximately 200 meters from the Air India plane. Both airlines confirmed the incident, with IndiGo stating the aircraft came to a stop safely apart.
Air India Flight With 164 Onboard Comes Face-To-Face With IndiGo At Ahmedabad Airport
The A320 Neo Air India flight had with 164 passengers onboard, and was towed at 8.18 p.m.
Market trading guide: IndiGo among 2 stock recommendations for Thursday - The Economic Times
Market trading guide: IndiGo among 2 stock recommendations for ThursdayThe Economic Times
Market trading guide: IndiGo among 2 stock recommendations for Thursday
IndiGo and Phoenix Mills are among two stock picks for Thursday, with both showing strong technical breakouts, robust volumes and bullish momentum, according to a market trading guide.
Top Gainers & Losers on June 24: KPR Mill, HDFC Bank, Brigade Enterprises, HPCL, Pine Labs, IndiGo among top gainers - Mint
Top Gainers & Losers on June 24: KPR Mill, HDFC Bank, Brigade Enterprises, HPCL, Pine Labs, IndiGo among top gainersMint
Indigo Paints presses the accelerator, puts growth ahead of margins
Indigo Paints will accept a 2-2.5 percentage point hit to gross margins as it ramps up spending on trade and influencer marketing to chase market share, joining Berger, JSW Dulux and Birla Opus in prioritizing growth.
IndiGo market capitalisation back at ₹2 lakh crore after airline recovers all of Iran war losses
According to Bloomberg data, 21 of the 26 analysts covering InterGlobe Aviation have a 'buy' recommendation, while three suggest 'hold' and two recommend 'sell'. The average analyst target price stands at ₹5,323.67.